Related papers: Understanding Smart Contracts: Hype or Hope?
Smart contract technology is reshaping conventional industry and business processes. Being embedded in blockchains, smart contracts enable the contractual terms of an agreement to be enforced automatically without the intervention of a…
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…
Smart contracts are blockchain-based algorithms that execute when specific criteria are satisfied. They are often used to automate the implementation of an agreement so that all parties may be confident of the conclusion right away, without…
A blockchain-based smart contract or a "smart contract" for short, is a computer program intended to digitally facilitate the negotiation or contractual terms directly between users when certain conditions are met. With the advance in…
A smart contract is a computer program which allows users to automate their actions on the blockchain platform. Given the significance of smart contracts in supporting important activities across industry sectors including supply chain,…
The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…
Blockchain-based smart contract has become a growing field in the blockchain technology. What was once a technology used to solve digital transaction issues turns out to have some wider usage, including smart contract. The development of…
A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…
Smart cities are being planned for several advanced applications and services for the inhabitants. Smart cities initiative promise many new services which are not possible in the traditional city frameworks. In the smart city framework, the…
Smart contracts are computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…
An appealing feature of blockchain technology is smart contracts. A smart contract is executable code that runs on top of the blockchain to facilitate, execute and enforce an agreement between untrusted parties without the involvement of a…
Smart contracts are regarded as one of the most promising and appealing notions in blockchain technology. Their self-enforcing and event-driven features make some online activities possible without a trusted third party. Nevertheless,…
The hype about Bitcoin has overrated the potential of smart contracts deployed on-blockchains (on-chains) and underrated the potential of smart contracts deployed on-Trusted Third Parties (on-TTPs). As a result, current research and…
Although blockchain technology was first introduced in 2008 and materialised in 2009, the early usage of blockchain were mainly limited to financial technologies, particularly cryptocurrencies. Later, blockchain became a widespread emerging…
In this paper we discuss how conventional business contracts can be converted into smart contracts---their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run…
Smart contracts have recently been adopted by many security protocols. However, existing studies lack satisfactory theoretical support on how contracts benefit security protocols. This paper aims to give a systematic analysis of smart…
Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. However, designing and implementing a smart contract is not trivial since upon deployment on a blockchain, it is no longer possible to…
The potential for blockchain technology to eliminate the middleman and replace the top down hierarchical model of governance with a system of distributed cooperation has opened up many new opportunities, as well as dilemmas. Surpassing the…
The digital transformation of companies is expected to increase the digital interconnection between different companies to develop optimized, customized, hybrid business models. These cross-company business models require secure, reliable,…
With the Internet of Things (IoT), Things are expected to live in different "domains" and "contexts" during their lifetime. Information generated by and associated with Things should be manageable by multiple, diverse stakeholders…