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Blockchain has many benefits including decentralization, availability, persistency, consistency, anonymity, auditability and accountability, and it also covers a wide spectrum of applications ranging from cryptocurrency, financial services,…

Computational Engineering, Finance, and Science · Computer Science 2018-10-02 Quan-Lin Li , Jing-Yu Ma , Yan-Xia Chang

Despite Information and Communication Technologies (ICT) have reduced the information asymmetry and increased the degree of interorganizational collaboration, the companies participating a supply chain are less inclined to share data when…

Cryptography and Security · Computer Science 2022-06-09 Francesco Longo , Letizia Nicoletti , Antonio Padovano , Gianfranco d'Atri , Marco Forte

Bitcoin is the most successful cryptocurrency so far. This is mainly due to its novel consensus algorithm, which is based on proof-of-work combined with a cryptographically-protected data structure and a rewarding scheme that incentivizes…

Cryptography and Security · Computer Science 2019-05-24 Pawel Szalachowski , Daniel Reijsbergen , Ivan Homoliak , Siwei Sun

This paper presents IBFT, a simple and elegant Byzantine fault-tolerant consensus algorithm that is used to implement state machine replication in the \emph{Quorum} blockchain. IBFT assumes a partially synchronous communication model, where…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-05-20 Henrique Moniz

In the given technology-driven era, smart cities are the next frontier of technology, aiming at improving the quality of people's lives. Many research works focus on future smart cities with a holistic approach towards smart city…

Cryptography and Security · Computer Science 2021-07-22 S. Valli Sanghami , John J. Lee , Qin Hu

This study presents a blockchain-based voting system aimed at enhancing election security, transparency, and integrity. Traditional voting methods face growing risks of tampering, making it crucial to explore innovative solutions. Our…

Cryptography and Security · Computer Science 2025-02-25 Suniti Chouhan , Gajanand Sharma

The blockchain paradigm provides a mechanism for content dissemination and distributed consensus on Peer-to-Peer (P2P) networks. While this paradigm has been widely adopted in industry, it has not been carefully analyzed in terms of its…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-12-22 Aditya Gopalan , Abishek Sankararaman , Anwar Walid , Sriram Vishwanath

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…

Software Engineering · Computer Science 2016-12-12 Luciano García-Bañuelos , Alexander Ponomarev , Marlon Dumas , Ingo Weber

This paper presents Conflux, a fast, scalable and decentralized blockchain system that optimistically process concurrent blocks without discarding any as forks. The Conflux consensus protocol represents relationships between blocks as a…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-09-05 Chenxing Li , Peilun Li , Dong Zhou , Wei Xu , Fan Long , Andrew Yao

The DFINITY blockchain computer provides a secure, performant and flexible consensus mechanism. At its core, DFINITY contains a decentralized randomness beacon which acts as a verifiable random function (VRF) that produces a stream of…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-15 Timo Hanke , Mahnush Movahedi , Dominic Williams

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

Cryptography and Security · Computer Science 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias

Trust models are essential components of networks of any nature, as they refer to confidence frameworks to evaluate and verify if their participants act reliably and fairly. They are necessary to any social, organizational, or computer…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-02-11 Angelo Vera-Rivera , Ekram Hossain

Blockchain is rapidly emerging as an important class of network application, with a unique set of trust, security and transparency properties. In a blockchain system, participants record and update the `server-side' state of an application…

Networking and Internet Architecture · Computer Science 2022-05-24 Yifan Mao , Shaileshh Bojja Venkatakrishnan

Decentralized systems built around blockchain technology promise clients an immutable ledger. They add a transaction to the ledger after it undergoes consensus among the replicas that run a Proof-of-Stake (PoS) or Byzantine Fault-Tolerant…

Cryptography and Security · Computer Science 2025-08-08 Junchao Chen , Suyash Gupta , Alberto Sonnino , Lefteris Kokoris-Kogias , Mohammad Sadoghi

The Blockchain and the programs running on it, called Smart Contracts, are more and more applied in all fields requiring trust and strong certifications. In this work we compare public and permissioned blockchains for industrial…

Cryptography and Security · Computer Science 2020-05-07 Lodovica Marchesi , Michele Marchesi , Roberto Tonelli

In the context of blockchain systems, the importance of decentralization is undermined by the lack of a widely accepted methodology to measure it. To address this gap, we set out a systematization effort targeting the decentralization…

Cryptography and Security · Computer Science 2025-02-07 Christina Ovezik , Dimitris Karakostas , Mary Milad , Aggelos Kiayias , Daniel W. Woods

This work introduces a novel approach for the governance of a blockchain containing social constructs and technical viability for widescale applications for the next generation of distributed ledgers. Functional requirements for this new…

Cryptography and Security · Computer Science 2021-12-08 Christopher Gorog , Terrance E. Boult

Blockchain represents a technology for establishing a shared, immutable version of the truth between a network of participants that do not trust one another, and therefore has the potential to disrupt any financial or other industries that…

Computers and Society · Computer Science 2016-11-02 Marek Laskowski , Henry M. Kim

We investigate the time to consensus in Nakamoto blockchains. Specifically, we consider two competing growth processes, labeled \emph{honest} and \emph{adversarial}, and determine the time after which the honest process permananetly exceeds…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-18 Partha S. Dey , Aditya S. Gopalan , Vijay G. Subramanian

In the context of Multi-access Edge Computing (MEC), the task sharing mechanism among edge servers is an activity of vital importance for speeding up the computing process and thereby improve user experience. The distributed resources in…

Networking and Internet Architecture · Computer Science 2020-06-26 Angelo Vera Rivera , Ahmed Refaey , Ekram Hossain
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