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As known, blockchains are traditionally blind to the real world. This implies the reliance on third parties called oracles when extrinsic data is needed for smart contracts. However, reintroducing trust and single point of failure, oracles…

General Economics · Economics 2021-12-28 Giulio Caldarelli

This paper intends to propose the architecture of a blockchain-agnostic protocol designed for communication of blockchains amongst each other (i.e. cross-chain), and for blockchains with the outside world (i.e. data oracles). The expansive…

We discuss the issue of what we call {\em incentive mismatch}, a fundamental problem with public blockchains supported by economic incentives. This is an open problem, but one potential solution is to make application portable. Portability…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-06-28 Kazuyuki Shudo , Reiki Kanda , Kenji Saito

With the rise of digital currency systems that rely on blockchain to ensure ledger security, the ability to perform cross-chain transactions is becoming a crucial interoperability requirement. Such transactions allow not only funds to be…

Cryptography and Security · Computer Science 2021-01-18 Rongjian Lan , Ganesha Upadhyaya , Stephen Tse , Mahdi Zamani

Since the introduction of Bitcoin in 2008, many other cryptocurrencies have been introduced and gained popularity. Lack of interoperability and scalability amongst these cryptocurrencies was and still is, acting as a significant impediment…

Cryptography and Security · Computer Science 2019-02-13 Mahdi H. Miraz , David C. Donald

Blockchain technology, introduced in 2008, has revolutionized data storage and transfer across sectors such as finance, healthcare, intelligent transportation, and the metaverse. However, the proliferation of blockchain systems has led to…

Cryptography and Security · Computer Science 2025-05-09 Zhihong Deng , Chunming Tang , Taotao Li , Parhat Abla , Qi Chen , Wei Liang , Debiao He

Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-04-24 Enrique Fynn , Alysson Bessani , Fernando Pedone

This document is a specialized technical description of one of the potential implementations of a second layer protocol over Gravity, a blockchain-/token-agnostic decentralized oracle protocol. The SuSy protocol prescribes an implementation…

Cryptography and Security · Computer Science 2020-09-03 Aleksei Pupyshev , Elshan Dzhafarov , Ilya Sapranidi , Inal Kardanov , Shamil Khalilov , Sten Laureyssens

This study develops a conceptual simulation model for a tokenized recycling incentive system that integrates blockchain infrastructure, market-driven pricing, behavioral economics, and carbon credit mechanisms. The model aims to address the…

Theoretical Economics · Economics 2025-07-29 Atta Ul Mustafa

In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…

Cryptography and Security · Computer Science 2021-06-29 Markus Nissl , Emanuel Sallinger , Stefan Schulte , Michael Borkowski

Blockchain has received increasing attention in academia and industry. However, the increasing transaction volumes and limited on-chain storage underscore scalability as a key challenge hindering the widespread adoption of blockchain.…

Cryptography and Security · Computer Science 2023-11-20 Xiaojie Wang , Hanxue Li , Ling Yi , Zhaolong Ning , Song Guo , Yan Zhang

There appears to be an insatiable desire for spawning new bespoke blockchains to harness the functionality provided by blockchain technologies, resulting in a constant stream of blockchain start-up companies entering the market with their…

Cryptography and Security · Computer Science 2019-03-25 Sandra Johnson , Peter Robinson , John Brainard

Blockchain has become a popular emergent technology in many industries. It is suitable for a broad range of applications, from its base role as an immutable distributed ledger to the deployment of distributed applications. Many…

Cryptography and Security · Computer Science 2022-12-20 Inwon Kang , Aparna Gupta , Oshani Seneviratne

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

Cryptography and Security · Computer Science 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

The internet of things (IoT) and other emerging ubiquitous technologies are supporting the rapid spread of smart systems, which has underlined the need for safe, open, and decentralized data storage solutions. With its inherent…

Networking and Internet Architecture · Computer Science 2024-08-13 Naseem Alsadi , Syed Zaidi , Mankaran Rooprai , Stephen A. Gadsden , John Yawney

Cryptocurrencies and blockchain networks have attracted tremendous attention from their volatile price movements and the promise of decentralization. However, most projects run on business narratives with no way to test and verify their…

Multiagent Systems · Computer Science 2019-07-02 Zixuan Zhang

We consider the problem of being a cross-chain wealth management platform with deposits, redemptions and investment assets across multiple networks. We discuss the need for blockchain bridges to facilitates fund flows across platforms. We…

General Finance · Quantitative Finance 2023-11-21 Ravi Kashyap

Crowdfunding platforms face high transaction fees, need for more transparency, and trust deficits. These issues deter contributors and entrepreneurs from effectively leveraging crowdfunding for innovation and growth. Blockchain technology…

Computational Engineering, Finance, and Science · Computer Science 2025-01-22 Mustafa Savas Unsal

In recent years, blockchain has gained widespread attention as an emerging technology for decentralization, transparency, and immutability in advancing online activities over public networks. As an essential market process, auctions have…

Cryptography and Security · Computer Science 2022-11-29 Zeshun Shi , Cees de Laat , Paola Grosso , Zhiming Zhao

Cryptocurrencies have garnered much attention in recent years, both from the academic community and industry. One interesting aspect of cryptocurrencies is their explicit consideration of incentives at the protocol level. Understanding how…

Cryptography and Security · Computer Science 2020-02-24 Sarah Azouvi , Alexander Hicks
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