Related papers: SmartSync: Cross-Blockchain Smart Contract Interac…
This paper introduces CrossLink, a decentralized framework for secure cross-chain smart contract execution that effectively addresses the inherent limitations of contemporary solutions, which primarily focus on asset transfers and rely on…
In recent years, manifold blockchain protocols have been proposed by researchers and industrial companies alike. This has led to a very heterogeneous blockchain landscape. Accordingly, it would be desirable if blockchains could interact…
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…
Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…
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…
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 contracts provide the means to stipulate rules of interaction between mutually distrustful organizations. They encode contractual agreements on the basis of source code, which else need to be contractualized in natural language. While…
Smart contracts are widely utilized in cross-chain interactions, where their results are transmitted from one blockchain (the producer blockchain) to another (the consumer blockchain). Unfortunately, the consumer blockchain often accepts…
Blockchains are modern distributed systems that provide decentralized financial capabilities with trustable guarantees. Smart contracts are programs written in specialized programming languages running on a blockchain and govern how tokens…
The global financial landscape is experiencing significant transformation driven by technological advancements and evolving market dynamics. Moreover, blockchain technology has become a pivotal platform with widespread applications,…
Blockchain is a core technology to manage the value of cryptocurrencies, or to record trails of important business trades. The Smart Contract on blockchain is expected to improve security on blockchain system with automated operation, but…
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…
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…
Crosschain communications allows information to be communicated between blockchains. Consensus in the context of crosschain communications relates to how participants on one blockchain are convinced of the state of a remote blockchain. It…
Business process collaboration between independent parties can be challenging, especially if the participants do not have complete trust in each other. Tracking actions and enforcing the activity authorizations of participants via…
Blockchain systems have received much attention and promise to revolutionize many services. Yet, despite their popularity, current blockchain systems exist in isolation, that is, they cannot share information. While interoperability is…
Modern blockchains support a variety of distributed applications beyond cryptocurrencies, including smart contracts -- which let users execute arbitrary code in a distributed and decentralized fashion. Regardless of their intended…
Blockchains are decentralized systems that provide trustable execution guarantees. Smart contracts are programs written in specialized programming languages running on blockchains that govern how tokens and cryptocurrency are sent and…
This chapter contributes to evolving the versatility and complexity of blockchain-enabled services through extending the functionality of blockchain-enforced smart contracts. The contributions include: (i) a method for automated management…
Modern blockchain systems support creation of smart contracts -- stateful programs hosted and executed on a blockchain. Smart contracts hold and transfer significant amounts of digital currency which makes them an attractive target for…