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Decentralized smart contracts enable trustless collaboration but suffer from limited privacy and scalability, which hinders broader adoption. Trusted Execution Environment (TEE) based off-chain execution frameworks offer a promising…

Cryptography and Security · Computer Science 2025-11-07 Keyu Zhang , Andrew Martin

The growth potential of a crypto(currency) project can be measured by the use cases spurred by the underlying technology. However, these projects are usually distributed, with a weak feedback schemes. Hence, a metric that is widely used as…

Cryptography and Security · Computer Science 2024-09-04 Maurantonio Caprolu , Roberto Di Pietro , Flavio Lombardi , Elia Onofri

Decentralized finance (DeFi) has become one of the most successful applications of blockchain and smart contracts. The DeFi ecosystem enables a wide range of crypto-financial activities, while the underlying smart contracts often contain…

Cryptography and Security · Computer Science 2021-04-20 Palina Tolmach , Yi Li , Shang-Wei Lin , Yang Liu

We discuss numerous justifications for why crypto-currencies would be highly conducive for the smooth functioning of today's society. We provide several comparisons between cryptocurrencies issued by blockchain projects, crypto, and…

General Economics · Economics 2023-07-18 Ravi Kashyap

The blockchain ecosystem, particularly with the rise of Web3 and Non-Fungible Tokens (NFTs), has experienced a significant increase in users and applications. However, this expansion is challenged by the need to connect early adopters with…

Cryptography and Security · Computer Science 2024-04-08 Hiroki Watanabe , Kohei Ichihara , Takumi Aita

Blockchain technology, beyond cryptocurrencies, is called to be the new information exchange ecosystem due to its unique properties, such as immutability and transparency. The main objective of this work is to introduce the design of a…

Cryptography and Security · Computer Science 2022-09-29 N García-Moreno , P Caballero-Gil , C Caballero-Gil , J Molina-Gil

The Internet of Things (IoT) is experiencing explosive growth and has gained extensive attention from academia and industry in recent years. Most of the existing IoT infrastructures are centralized, in which the presence of a cloud server…

Cryptography and Security · Computer Science 2019-02-12 Yannan Li , Willy Susilo , Guomin Yang , Yong Yu , Dongxi Liu , Mohsen Guizani

Decentralised Finance (DeFi) applications constitute an entire financial ecosystem deployed on blockchains. Such applications are based on complex protocols and incentive mechanisms whose financial safety is hard to determine. Besides,…

Software Engineering · Computer Science 2022-09-19 Massimo Bartoletti , James Chiang , Tommi Junttila , Alberto Lluch Lafuente , Massimiliano Mirelli , Andrea Vandin

Before a fair exchange takes place, there is typically an advertisement phase with the goal of increasing the appeal of possessing a digital asset while keeping it sufficiently hidden. Advertisement phases are implicit in mainstream…

Cryptography and Security · Computer Science 2025-09-15 Pierpaolo Della Monica , Ivan Visconti , Andrea Vitaletti , Marco Zecchini

This paper discusses the potential impacts of the so-called `initial coin offerings', and of several developments based on distributed ledger technology (`DLT'), on corporate governance. While many academic papers focus mainly on the legal…

General Finance · Quantitative Finance 2019-05-10 Stéphane Blémus , Dominique Guegan

NFTs (Non-Fungible Tokens) are blockchain-based cryptographic tokens to represent ownership of unique content such as images, videos, or 3D objects. Despite NFTs' increasing popularity and skyrocketing trading prices, little is known about…

Computers and Society · Computer Science 2022-02-01 Tanusree Sharma , Zhixuan Zhou , Yun Huang , Yang Wang

Blockchain Technology has revolutionized Finance and Technology with its secure, decentralized, and trust-less methodologies of data management. In a world where asset value fluctuations are unprecedented, it has become increasingly…

Cryptography and Security · Computer Science 2025-02-11 Aaryan Sinha , Raja Muthalagu , Pranav Pawar , Alavikunhu Panthakkan , Shadi Atalla

Cryptocurrency has seen an explosive growth in recent years, thanks to the evolvement of blockchain technology and its economic ecosystem. Besides Bitcoin, thousands of cryptocurrencies have been distributed on blockchains, while hundreds…

Cryptography and Security · Computer Science 2020-06-12 Ru Ji , Ningyu He , Lei Wu , Haoyu Wang , Guangdong Bai , Yao Guo

Bitcoin and Ethereum are novel mechanisms for decentralizing the concept of money and computation. Extending decentralization to the human identity concept, we can think of using blockchain for creating a list of verified human identities…

Cryptography and Security · Computer Science 2018-06-21 MohammadJavad Hajialikhani , MohammadMahdi Jahanara

Crowdfunding platforms face high transaction fees, need for more transparency, and trust deficits. These issues deter contributors and entrepreneurs from effectively leveraging crowdfunding for innovation and growth. Blockchain technology…

Computational Engineering, Finance, and Science · Computer Science 2025-01-22 Mustafa Savas Unsal

The rapid growth of Decentralized Finance (DeFi) boosts the Ethereum ecosystem. At the same time, attacks towards DeFi applications (apps) are increasing. However, to the best of our knowledge, existing smart contract vulnerability…

Cryptography and Security · Computer Science 2021-05-03 Siwei Wu , Dabao Wang , Jianting He , Yajin Zhou , Lei Wu , Xingliang Yuan , Qinming He , Kui Ren

Many implementations of smart contracts available in NFT marketplaces today allow the modification of NFT token attributes, without any specific mechanism to control the consistency with off-chain metadata. We believe this is a weakness in…

Software Engineering · Computer Science 2022-05-12 Denis Avrilionis , Thomas Hardjono

Our study empirically predicts the bubble of non-fungible tokens (NFTs): transferable and unique digital assets on public blockchains. This topic is important because, despite their strong market growth in 2021, NFTs on a project basis have…

Statistical Finance · Quantitative Finance 2022-06-17 Kensuke Ito , Kyohei Shibano , Gento Mogi

The exploitation of smart-contract vulnerabilities can have catastrophic consequences such as the loss of millions of pounds worth of crypto assets. Formal verification can be a useful tool in identifying vulnerabilities and proving that…

Programming Languages · Computer Science 2020-02-10 Pedro Antonino , A. W. Roscoe

Cryptocurrencies (or digital tokens, digital currencies, e.g., BTC, ETH, XRP, NEO) have been rapidly gaining ground in use, value, and understanding among the public, bringing astonishing profits to investors. Unlike other money and banking…

Computation and Language · Computer Science 2018-03-13 Shuqing Bian , Zhenpeng Deng , Fei Li , Will Monroe , Peng Shi , Zijun Sun , Wei Wu , Sikuang Wang , William Yang Wang , Arianna Yuan , Tianwei Zhang , Jiwei Li