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We propose a blockchain architecture in which mining requires a quantum computer. The consensus mechanism is based on proof of quantum work, a quantum-enhanced alternative to traditional proof of work that leverages quantum supremacy to…

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

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

Byzantine fault-tolerant (BFT) consensus algorithms are at the core of providing safety and liveness guarantees for distributed systems that must operate in the presence of arbitrary failures. Recently, numerous new BFT algorithms have been…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-12-06 Gengrui Zhang , Fei Pan , Yunhao Mao , Sofia Tijanic , Michael Dang'ana , Shashank Motepalli , Shiquan Zhang , Hans-Arno Jacobsen

Blockchain offers a decentralized, immutable, transparent system of records. It offers a peer-to-peer network of nodes with no centralised governing entity making it unhackable and therefore, more secure than the traditional paper-based or…

Cryptography and Security · Computer Science 2019-11-27 Harsh Jot Singh , Abdelhakim Senhaji Hafid

An optimistic rollup (ORU) scales a blockchain's throughput by delegating computation to an untrusted remote chain (L2), refereeing any state claim disagreements between mutually distrusting L2 operators via an interactive dispute…

Cryptography and Security · Computer Science 2024-01-05 Zhe Ye , Ujval Misra , Jiajun Cheng , Wenyang Zhou , Dawn Song

The fast growth of distributed energy resources (DERs), such as distributed renewables (e.g., rooftop PV panels), energy storage systems, electric vehicles, and controllable appliances, drives the power system toward a decentralized system…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-01-19 Qing Yang , Hao Wang

A blockchain system is a replicated state machine that must be fault tolerant. When designing a blockchain system, there is usually a trade-off between decentralization, scalability, and security. In this paper, we propose a novel…

Cryptography and Security · Computer Science 2018-11-20 Tai-Yuan Chen , Wei-Ning Huang , Po-Chun Kuo , Hao Chung , Tzu-Wei Chao

The convergence of blockchain and the Internet of Things (IoT) enables secure, decentralised, and verifiable data exchange across distributed smart environments. However, traditional blockchain frameworks suffer from inherent scalability…

Distributed, Parallel, and Cluster Computing · Computer Science 2026-03-31 Hasan Mahmud Rhidoy , Mahdi H. Miraz , Iftekhar Salam

Geo-replication provides disaster recovery after catastrophic accidental failures or attacks, such as fires, blackouts or denial-of-service attacks to a data center or region. Naturally distributed data structures, such as Blockchains, when…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-05-01 Wassim Yahyaoui , Joachim Bruneau-Queyreix , Jérémie Decouchant , Marcus Völp

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

Blockchain has proven to be an emerging technology in the digital world, changing the way everyone thinks about data security and bringing efficiency to several industries. It has already been applied to a wide range of applications, from…

Cryptography and Security · Computer Science 2023-02-09 Md. Mijanur Rahman , Md Tanzinul Kabir Tonmoy , Saifur Rahman Shihab , Riya Farhana

Blockchains based on the celebrated Nakamoto consensus protocol have shown promise in several applications, including cryptocurrencies. However, these blockchains have inherent scalability limits caused by the protocol's consensus…

Cryptography and Security · Computer Science 2021-10-12 Qing Zhang , Xueping Gong , Huizhong Li , Hao Wu , Jiheng Zhang

Blockchain is increasingly offered as blockchain-as-a-service (BaaS) by cloud service providers. However, configuring BaaS appropriately for optimal performance and reliability resorts to try-and-error. A key challenge is that BaaS is often…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-03-21 Seungwoo Jung , Yeonho Yoo , Gyeongsik Yang , Chuck Yoo

We introduce Unity, a new consensus algorithm for public blockchain settings. Unity is an eventual consistency protocol merging the Proof-of-Work (PoW) and Proof-of-Stake (PoS) into a coherent stochastic process. It encompasses hardware and…

Cryptography and Security · Computer Science 2019-06-10 Yulong Wu , Yunfei Zha , Yao Sun

The aim of this work is to study the use of decentralization and smart contracts on blockchain networks. We investigate the implementation and use of smart contracts on the platforms Bitcoin, Ethereum and Hyperledger Fabric. Additionally,…

Cryptography and Security · Computer Science 2019-03-13 Theodosis Mourouzis , Jayant Tandon

The development of blockchain technology has significantly enhanced the security and transparency of personal information and transaction records. Concurrent with the advancement of blockchain technology and the emergence of the digital…

Cryptography and Security · Computer Science 2025-09-03 Zeng Zhang , Xiaoqi Li

Blockchain sharding is a promising approach to solving the dilemma between decentralisation and high performance (transaction throughput) for blockchain. The main challenge of Blockchain sharding systems is how to reach a decision on a…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-03-24 Yibin Xu , Yangyu Huang , Jianhua Shao , George Theodorakopoulos

Consensus algorithms are central to blockchain technology and an emerging research area. In this paper, we begin with an overview of the different types and architectures of blockchain networks. Then, with a focus on consortium blockchains,…

Data Structures and Algorithms · Computer Science 2023-09-28 Wei Yao , Fadi P. Deek , Renita Murimi , Guiling Wang

As an emerging technology, blockchain has achieved great success in numerous application scenarios, from intelligent healthcare to smart cities. However, a long-standing bottleneck hindering its further development is the massive resource…

Cryptography and Security · Computer Science 2020-04-21 Yinqiu Liu , Kai Qian , Jianli Chen , Kun Wang , Lei He