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We present a smart legal contract platform to support a wide range of smart legal contract use cases. We see this as a step towards improving existing approaches to representing the complexity of legal agreements and executing aspects of…

Computers and Society · Computer Science 2021-12-24 Niall Roche , Walter Hernandez , Eason Chen , Jérôme Siméon , Dan Selman

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

Formal verification entails testing software to ensure it operates as specified. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They run on blockchain platforms and…

Software Engineering · Computer Science 2025-10-22 Rene Davila , Everardo Barcenas , Rocio Aldeco-Perez

A smart contract is a computer program which allows users to automate their actions on the blockchain platform. Given the significance of smart contracts in supporting important activities across industry sectors including supply chain,…

Software Engineering · Computer Science 2021-04-20 Palina Tolmach , Yi Li , Shang-Wei Lin , Yang Liu , Zengxiang Li

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

Smart contracts are blockchain-based algorithms that execute when specific criteria are satisfied. They are often used to automate the implementation of an agreement so that all parties may be confident of the conclusion right away, without…

Cryptography and Security · Computer Science 2022-12-19 Harry Virani , Manthan Kyada

Smart Contracts use computer technology to automate the performance of aspects of commercial agreements. Yet how can there be confidence that the computer code is faithful to the intentions of the parties? To understand the depth and…

Computation and Language · Computer Science 2021-04-09 Christopher D. Clack

Smart contracts are the building blocks of the "code is law" paradigm: the smart contract's code indisputably describes how its assets are to be managed - once it is created, its code is typically immutable. Faulty smart contracts present…

Software Engineering · Computer Science 2022-05-17 Pedro Antonino , Juliandson Ferreira , Augusto Sampaio , A. W. Roscoe

Smart contracts are computer programs that can be consistently executed by a network of mutually distrusting nodes, without the arbitration of a trusted authority. Because of their resilience to tampering, smart contracts are appealing in…

Cryptography and Security · Computer Science 2018-06-21 Massimo Bartoletti , Livio Pompianu

Smart contracts are the artifact of the blockchain that provide immutable and verifiable specifications of physical transactions. Solidity is a domain-specific programming language with the purpose of defining smart contracts. It aims at…

Software Engineering · Computer Science 2020-05-14 Jian Zhu , Kai Hu , Mamoun Filali , Jean-Paul Bodeveix , Jean-Pierre Talpin

A blockchain-based smart contract or a "smart contract" for short, is a computer program intended to digitally facilitate the negotiation or contractual terms directly between users when certain conditions are met. With the advance in…

Computers and Society · Computer Science 2019-06-11 Yining Hu , Madhusanka Liyanage , Ahsan Mansoor , Kanchana Thilakarathna , Guillaume Jourjon , Aruna Seneviratne

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

Compiler correctness is an old problem, but with the emergence of smart contracts on blockchains that problem presents itself in a new light. Smart contracts are self-contained pieces of software that control assets, which are often of high…

Programming Languages · Computer Science 2022-02-23 Jacco O. G. Krijnen , Manuel M. T. Chakravarty , Gabriele Keller , Wouter Swierstra

Contracts are an essential and fundamental component of commerce and society, serving to clarify agreement between multiple parties. While digital technologies have helped to automate many activities associated with contracting, the…

Computers and Society · Computer Science 2020-06-01 John Cummins , Christopher Clack

Smart contracts form the core of Web3 applications. Contracts mediate the transfer of cryptocurrency, making them irresistible targets for hackers. We introduce ASP, a system aimed at easing the construction of provably secure contracts.…

Cryptography and Security · Computer Science 2024-11-25 Devora Chait-Roth , Kedar S. Namjoshi

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…

Software Engineering · Computer Science 2019-12-24 Zibin Zheng , Shaoan Xie , Hong-Ning Dai , Weili Chen , Xiangping Chen , Jian Weng , Muhammad Imran

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…

Computers and Society · Computer Science 2018-05-03 Carlos Molina-Jimenez , Ellis Solaiman , Ioannis Sfyrakis , Irene Ng , Jon Crowcroft

Smart Contract Templates support legally-enforceable smart contracts, using operational parameters to connect legal agreements to standardised code. In this paper, we explore the design landscape of potential formats for storage and…

Computers and Society · Computer Science 2016-12-16 Christopher D. Clack , Vikram A. Bakshi , Lee Braine

We propose and develop a framework for validating smart contracts derived from e-contracts. The goal is to ensure the generated smart contracts fulfil all the conditions outlined in their corresponding e-contracts. By confirming alignment…

Software Engineering · Computer Science 2025-04-29 Sangharatna Godboley , P. Radha Krishna , Sunkara Sri Harika , Pooja Varnam

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…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-07-07 Tobias Eichinger , Marcel Ebermann
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