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Digital payments play a pivotal role in the burgeoning digital economy. Moving forward, the enhancement of digital payment systems necessitates programmability, going beyond just efficiency and convenience, to meet the evolving needs and…

Trading and Market Microstructure · Quantitative Finance 2025-09-01 Zijia Meng , Victor Feng

Distributed Ledger Technology (DLT) has an enormous potential but also downsides. One downside of many DLT systems, such as blockchain, is their limited transaction throughput that hinders their adoption in many use cases (e.g., real-time…

Cryptography and Security · Computer Science 2024-10-28 J. Kalbantner , K. Markantonakis , D. Hurley-Smith , C. Shepherd , B. Semal

With the advancement of digital payment technologies, central banks worldwide have increasingly begun to explore the implementation of Central Bank Digital Currencies (CBDCs). This paper presents a comprehensive review of the latest…

General Economics · Economics 2025-07-15 Qifeng Tang , Yain-Whar Si

Blockchain and other forms of distributed ledger technology (DLT) provide an opportunity to integrate digital information, management, and contracts to increase trust and collaboration within the construction industry. DLT enables direct…

Cryptography and Security · Computer Science 2020-04-23 Jens J. Hunhevicz , Daniel M. Hall

The increased use of Internet of Things (IoT) devices -- from basic sensors to robust embedded computers -- has boosted the demand for information processing and storing solutions closer to these devices. Edge computing has been established…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-11-15 Daniel Montero Hernández , Jorge Peña Queralta , Tomi Westerlund

Blockchain and Distributed ledger Technologies are increasingly becoming key enablers for vital innovation in financial services, manufacturing, government and other industries. One of the biggest challenges though is the level of support…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-05-04 Marcelle von Wendland

Blockchain, Smart Contracts and Distributed Ledger Technology (DLT) are being touted to revolutionise digital services - through decentralisation. Cryptocurrencies, self-sovereign identities, decentralised certificate registries, and…

Computers and Society · Computer Science 2019-11-01 Joshua Ellul , Gordon Pace

The latest advancements in Distributed Ledger Technology (DLT), and payment architectures such as the UK's New Payments Architecture, present opportunities for leveraging the hidden informational value and intelligence within payments. In…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-06-26 Panos Louvieris , Georgios Ioannou , Gareth White

Recent developments in Distributed Ledger Technology (DLT), including Blockchain offer new opportunities in the manufacturing domain, by providing mechanisms to automate trust services (digital identity, trusted interactions, and auditable…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-02-29 Alan McGibney , Tharindu Ranathunga , Roman Pospisil

The paths leading to future networks are pointing towards a data-driven paradigm to better cater to the explosive growth of mobile services as well as the increasing heterogeneity of mobile devices, many of which generate and consume large…

Networking and Internet Architecture · Computer Science 2021-02-01 Xi Li , Zehua Wang , Victor C. M. Leung , Hong Ji , Yiming Liu , Heli Zhang

Open technologies, decentralized computation and intelligent applications enable the third-generation web, Web 3.0, thereby digitizing whole industries. The emerging Economy of Things (EoT) will be based on software agents running on…

Computers and Society · Computer Science 2020-07-06 Ricky Lamberty , Alexander Poddey

Blockchain or Distributed Ledger Technology is a disruptive technology that provides the infrastructure for developing decentralized applications enabling the implementation of novel business models even in traditionally centralized…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-03-22 Claudia Pop , Tudor Cioara , Ionut Anghel , Marcel Antal , Ioan Salomie

Central Bank Digital Currency (CBDC) can be defined as a virtual currency based on node network and digital encryption algorithm issued by a country which has a legal credit protection. CBDCs are supported by Distributed Ledger Technologies…

Fuelled by the success (and hype) around cryptocurrencies, distributed ledger technologies (DLT), particularly blockchains, have gained a lot of attention from a wide spectrum of audience who perceive blockchains as a key to carry out…

Computers and Society · Computer Science 2019-05-22 Anwitaman Datta

Bitcoin's global success has led to the rise of blockchain, but many systems labeled as "blockchain" deviate from its core principles, adding complexity to the ecosystem. This survey addresses the need for a comprehensive review and…

Cryptography and Security · Computer Science 2024-09-30 Badr Bellaj , Aafaf Ouaddah , Noel Crespi , Abdelatif Mezrioui , Emmanuel Bertin

In the Internet of Things (IoT) domain, devices need a platform to transact seamlessly without a trusted intermediary. Although Distributed Ledger Technologies (DLTs) could provide such a platform, blockchains, such as Bitcoin, were not…

Networking and Internet Architecture · Computer Science 2021-07-15 Andrew Cullen , Pietro Ferraro , William Sanders , Luigi Vigneri , Robert Shorten

Payment channel is a class of techniques designed to solve the scalability problem of blockchain. By establishing channels off the blockchain to form payment channel networks (PCNs), users can make instant payments without interacting with…

Networking and Internet Architecture · Computer Science 2022-10-14 Wenhui Wang , Ke Mu , Xuetao Wei

Payment channels allow transactions between participants of the blockchain to be executed securely off-chain, and thus provide a promising solution for the scalability problem of popular blockchains. We study the online network design…

Data Structures and Algorithms · Computer Science 2019-08-02 Georgia Avarikioti , Kenan Besic , Yuyi Wang , Roger Wattenhofer

Credit Guarantee Schemes (CGSs) are crucial in mitigating SMEs' financial constraints. However, they are renownedly affected by critical shortcomings, such as a lack of financial sustainability and operational efficiency. Distributed Ledger…

Computational Engineering, Finance, and Science · Computer Science 2026-02-19 Sabrina Leo , Andrea Delle Foglie , Luca Barbaro , Edoardo Marangone , Ida Claudia Panetta , Claudio Di Ciccio

More than 1000 distributed ledger technology (DLT) systems raising $600 billion in investment in 2016 feature the unprecedented and disruptive potential of blockchain technology. A systematic and data-driven analysis, comparison and…

Computers and Society · Computer Science 2022-03-29 Mark C. Ballandies , Marcus M. Dapp , Evangelos Pournaras
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