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Supply chain management (SCM) plays a vital role in the global economy, as evidenced by recent COVID-19 supply chain challenges. Traditional SCM faces security and efficiency issues, but they can be addressed by leveraging digital twins…
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…
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,…
Today there is considerable interest in deploying blockchains and decentralized ledger technology as a means to address the deficiencies of current financial and digital asset infrastructures. The focal point of attention in many projects…
Industrial processes rely on sensory data for decision-making processes, risk assessment, and performance evaluation. Extracting actionable insights from the collected data calls for an infrastructure that can ensure the dissemination of…
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…
Industry 4.0 and beyond will rely heavily on sustainable Business Decision Modelling (BDM) that can be accelerated by blockchain and Digital Twin (DT) solutions. BDM is built on models and frameworks refined by key identification factors,…
A major problem in blockchain-based supply chain management is the potential unreliability of digital twins when considering digital representations of physical goods. Indeed, the use of blockchain technology to trace goods is obviously…
Blockchain systems are challenged by the so-called Trilemma tradeoff: decentralization, scalability and security. Infrastructure and node configuration, choice of the Consensus Protocol and complexity of the application transactions are…
Industrial processes rely on sensory data for critical decision-making processes. Extracting actionable insights from the collected data calls for an infrastructure that can ensure the trustworthiness of data. To this end, we envision a…
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…
This paper presents a smart contract-based solution for autonomous administration of construction progress payments. It bridges the gap between payments (cash flow) and the progress assessments at job sites (product flow) enabled by reality…
The traceable execution of business processes and choreographies using smart contracts is one prominent application of blockchain technology in Business Process Management (BPM). Existing approaches support a large set of patterns, modeling…
Blockchain technology enables the execution of collaborative business processes involving untrusted parties without requiring a central authority. Specifically, a process model comprising tasks performed by multiple parties can be…
The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…
Currently, blockchain proposals are being adopted to solve security issues, such as data integrity, resilience, and non-repudiation. To improve certain aspects, e.g., energy consumption and latency, of traditional blockchains, different…
Blockchain technology and artificial intelligence (AI) are current hot topics in research and practice. However, the potentials of their combination have been studied just recently to a larger extend. While different use cases for combining…
The communication protocols and data transfer mechanisms employed by IoT devices in smart buildings and corresponding digital twin systems predominantly rely on centralized architectures. Such centralized systems are vulnerable to single…
Construction project governance relies on agreements between the actors along the construction industry value chain. The mutual obligations arising from these contracts rely on timely monetary transactions. Despite the advantages of…
The combination between innovative topics and emerging technologies lets researchers define new processes and models. New needs regard the definition of modular and scalable approaches, with society and environment in mind. An important…