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In this position paper, we consider some foundational topics regarding smart contracts (such as terminology, automation, enforceability, and semantics) and define a smart contract as an automatable and enforceable agreement. We explore a…

Computers and Society · Computer Science 2017-03-16 Christopher D. Clack , Vikram A. Bakshi , Lee Braine

While the blockchain-based smart contract has become a hot topic of research over the last decade, not the least in the context of Industry 4.0, it now has well-known legal and technical shortcomings that currently prohibit its real-world…

Software Engineering · Computer Science 2024-08-13 Emanuel Palm , Ulf Bodin , Olov Schelén

The emerging blockchain technology supports decentralized computing paradigm shift and is a rapidly approaching phenomenon. While blockchain is thought primarily as the basis of Bitcoin, its application has grown far beyond cryptocurrencies…

Cryptography and Security · Computer Science 2020-06-23 Reza M. Parizi , Ali Dehghantanha , Kim-Kwang Raymond Choo , Amritraj Singh

Recently, distributed ledger technologies like blockchain have been proliferating and have attracted interest from the academic community, government, and industry. A wide range of blockchain solutions has been introduced, such as Bitcoin,…

Cryptography and Security · Computer Science 2022-08-25 Adel Albshri , Ali Alzubaidi , Bakri Awaji , Ellis Solaiman

With the rise in using immature smart contract programming languages to build a decentralized application, more vulnerabilities have been introduced to the Blockchain and were the main reasons behind critical financial losses. Moreover, the…

Cryptography and Security · Computer Science 2023-12-04 Oualid Zaazaa , Hanan El Bakkali

This paper presents an annotated portfolio of projects that seek to understand and communicate the social and societal implications of blockchains, distributed ledgers and smart contracts. These complex technologies rely on human and…

Human-Computer Interaction · Computer Science 2021-12-23 Dave Murray-Rust , Chris Elsden , Bettina Nissen , Ella Tallyn , Larissa Pschetz , Chris Speed

More than eight million smart contracts have been deployed into Ethereum, which is the most popular blockchain that supports smart contract. However, less than 1% of deployed smart contracts are open-source, and it is difficult for users to…

Software Engineering · Computer Science 2020-07-21 Xiaoqi Li , Ting Chen , Xiapu Luo , Tao Zhang , Le Yu , Zhou Xu

In recent years, blockchain technology has received unparalleled attention from academia, industry, and governments all around the world. It is considered a technological breakthrough anticipated to disrupt several application domains. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-10 Md Sadek Ferdous , Mohammad Jabed Morshed Chowdhury , Mohammad A. Hoque , Alan Colman

Blockchain technology offers a promising foundation for modernizing E-Voting systems by enhancing transparency, decentralization, and security. Yet, real-world adoption remains limited due to persistent challenges such as scalability…

Cryptography and Security · Computer Science 2025-10-06 Kiana Kiashemshaki , Elvis Nnaemeka Chukwuani , Mohammad Jalili Torkamani , Negin Mahmoudi

Blockchain has received much attention recently, due to its promises of verifiable, permanent, decentralized, and efficient data handling. In 2017-2019 blockchain and associated technologies such as smart contracts has progressed beyond…

Computers and Society · Computer Science 2020-06-11 Artyom Kosmarski

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…

Computers and Society · Computer Science 2019-01-31 Nikos Fotiou , George C. Polyzos

The first generation of blockchain focused on digital currencies and secure storage, management and transfer of tokenized values. Thereafter, the focus has been shifting from currencies to a broader application space. In this paper, we…

Cryptography and Security · Computer Science 2021-03-23 Andrea Merlina , Roman Vitenberg , Vinay Setty

Blockchain is relatively a new area of research. However, a surge of research studies on the blockchain has taken place in recent years. These research studies have mostly focused on designing and developing conceptual frameworks to build…

Software Engineering · Computer Science 2020-04-28 Iyolita Islam , Kazi Md. Munim , Shahrima Jannat Oishwee , A. K. M. Najmul Islam , Muhammad Nazrul Islam

Smart contracts codify real-world transactions and automatically execute the terms of the contract when predefined conditions are met. This paper proposes SmartML, a modeling language for smart contracts that is platform independent and…

Software Engineering · Computer Science 2024-07-01 Adele Veschetti , Richard Bubel , Reiner Hähnle

Smart contracts are programs that manage digital assets according to a certain protocol, expressing for instance the rules of an auction. Understanding the possible behaviors of a smart contract is difficult, which complicates development,…

Software Engineering · Computer Science 2018-07-23 Florentin Guth , Valentin Wüstholz , Maria Christakis , Peter Müller

Since it takes time and effort to put a new product or service on the market, one would like to predict whether it will be a success. In general this is not possible, but it is possible to follow best practices in order to maximise the…

Software Engineering · Computer Science 2019-09-02 Pieter Hartel , Ivan Homoliak , Daniël Reijsbergen

In an economy with asymmetric information, the smart contract in the blockchain protocol mitigates uncertainty. Since, as a new trading platform, the blockchain triggers segmentation of market and differentiation of agents in both the sell…

Pricing of Securities · Quantitative Finance 2018-10-11 Jun Aoyagi , Daisuke Adachi

Blockchain technology, a foundational distributed ledger system, enables secure and transparent multi-party transactions. Despite its advantages, blockchain networks are susceptible to anomalies and frauds, posing significant risks to their…

Cryptography and Security · Computer Science 2024-02-20 Joerg Osterrieder , Stephen Chan , Jeffrey Chu , Yuanyuan Zhang , Branka Hadji Misheva , Codruta Mare

Smart contracts are programs that execute inside blockchains such as Ethereum to manipulate digital assets. Since bugs in smart contracts may lead to substantial financial losses, there is considerable interest in formally proving their…

Programming Languages · Computer Science 2021-09-10 Christian Bräm , Marco Eilers , Peter Müller , Robin Sierra , Alexander J. Summers

Blockchain has revolutionized how transactions are conducted by ensuring secure and auditable peer-to-peer coordination. This is due to both the development of decentralization, and the promotion of trust among peers. Blockchain and fog…

Networking and Internet Architecture · Computer Science 2020-09-15 Ouns Bouachir , Moayad Aloqaily , Lewis Tseng , Azzedine Boukerche
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