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With technological advances and the establishment of e-commerce models, business challenges have shifted to online platforms. The promise of embedding self-executing and autonomous programs into blockchain technologies has attracted…
P2P trading of energy can be a good alternative to incentivize distributed non-conventional energy production and meet the burgeoning energy demand. For efficient P2P trading, a free market for trading needs to be established while ensuring…
Smart contracts are widely utilized in cross-chain interactions, where their results are transmitted from one blockchain (the producer blockchain) to another (the consumer blockchain). Unfortunately, the consumer blockchain often accepts…
We develop a model of coordination and allocation of decentralized multi-sided markets, in which our theoretical analysis is promisingly optimizing the decentralized transaction packaging process at high-throughput blockchains or Web 3.0…
This paper proposes a new paradigm: generative blockchain, which aims to transform conventional blockchain technology by combining transaction generation and recording, rather than focusing solely on transaction recording. Central to our…
Blockchain technology has evolved from being an immutable ledger of transactions for cryptocurrencies to a programmable interactive the environment for building distributed reliable applications. Although, blockchain technology has been…
Blockchain databases have attracted widespread attention but suffer from poor scalability due to underlying non-scalable blockchains. While blockchain sharding is necessary for a scalable blockchain database, it poses a new challenge named…
We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…
The advent of autonomous vehicles is envisaged to disrupt the auto insurance liability model.Compared to the the current model where liability is largely attributed to the driver,autonomous vehicles necessitate the consideration of other…
Blockchains provide environments where parties can interact transparently and securely peer-to-peer without needing a trusted third party. Parties can trust the integrity and correctness of transactions and the verifiable execution of…
The traditional oil supply chain suffers from various shortcomings regarding crude oil extraction, processing, distribution, environmental pollution, and traceability. It offers an only a forward flow of products with almost no security and…
An interesting research problem in supply chain industry is evaluating and determining provenance of physical goods - demonstrating authenticity of luxury goods. Yet, there have been a few innovative software solutions addressing product…
The increasing demand for sustainability and compliance with global carbon regulations has posed significant challenges for small and medium-sized enterprises (SMEs). This paper proposes a blockchain-based decentralized carbon credit…
In this paper, we construct a decentralized clearing mechanism which endogenously and automatically provides a claims resolution procedure. This mechanism can be used to clear a network of obligations through blockchain. In particular, we…
Permissionless blockchains (e.g., Bitcoin, Ethereum, etc) have shown a wide success in implementing global scale peer-to-peer cryptocurrency systems. In such blockchains, new currency units are generated through the mining process and are…
Many of the problems that arise in the context of blockchains and decentralized finance can be seen as variations on classical problems of distributed computing. The smart contract model proposed here is intended to capture both the…
Sharding has shown great potential to scale out blockchains. It divides nodes into smaller groups which allow for partial transaction processing, relaying and storage. Hence, instead of running one blockchain, we will run multiple…
The use of blockchains for data certification and traceability is now well established in both the literature and practical applications. However, while blockchain-based certification of individual data is clear and straightforward, the use…
Blockchain technology has enjoyed a massive adoption in cryptocurrencies such as Bitcoin. Following the success, many people have started to explore the possibility of implementing blockchain technology in different fields. We propose smart…
Many studies have been done to improve the performance of centrally controlled business processes and enhance the integration between different parties of these collaborations. However, the most serious issues of collaborative business…