Related papers: Process Channels: A New Layer for Process Enactmen…
Blockchain technology enables the execution of collaborative business processes involving untrusted parties without requiring a central authority. Specifically, a process model comprising tasks performed by multiple parties can be…
Blockchain technology provides a tamper-proof mechanism to execute inter-organizational business processes involving mutually untrusted parties. Existing approaches to blockchain-based process execution are based on code generation. In…
Payment Channel Networks (PCNs) have been proposed as an alternative solution to the scalability, throughput, and cost overhead problems associated with blockchain transactions. By facilitating offchain execution of transactions, PCNs…
Payment channel networks (PCNs) have emerged as a scalability solution for blockchains built on the concept of a payment channel: a setting that allows two nodes to safely transact between themselves in high frequencies based on…
We propose Parsec, a web-scale State channel for the Internet of Value to exterminate the consensus bottleneck in Blockchain by leveraging a network of state channels which enable to robustly transfer value off-chain. It acts as an…
Blockchains and distributed ledger technology offer promising capabilities for supporting collaborative business processes across organizations. Typically, approaches in this field fall into two categories: either executing the entire…
Blockchain has been proposed to facilitate the enactment of interorganisational business processes. For such processes, blockchain can guarantee the enforcement of rules and the integrity of execution traces - without the need for a…
Permissioned blockchains promise secure decentralized data management in business-to-business use-cases. In contrast to Bitcoin and similar public blockchains which rely on Proof-of-Work for consensus and are deployed on thousands of…
Public blockchain systems offer security guarantees that cannot be matched by any centralised system. This offering has attracted a lot of interest and has exposed a significant limitation of most blockchain designs with regards to…
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…
State channel network is the most popular layer-2 solution to theissues of scalability, high transaction fees, and low transaction throughput of public Blockchain networks. However, the existing works have limitations that curb the wide…
Multi-party business processes are based on the cooperation of different actors in a distributed setting. Blockchains can provide support for the automation of such processes, even in conditions of partial trust among the participants.…
Payment channel networks are supposed to overcome technical scalability limitations of blockchain infrastructure by employing a special overlay network with fast payment confirmation and only sporadic settlement of netted transactions on…
Blockchain eliminates the need for trusted third-party intermediaries in business by enabling decentralised architecture design in software applications. However, the vulnerabilities in on-chain autonomous decision-makings and cumbersome…
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…
Blockchain protocols are inherently limited in transaction throughput and latency. Recent efforts to address performance and scale blockchains have focused on off-chain payment channels. While such channels can achieve low latency and high…
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…
Establishing efficient and robust covert channels is crucial for secure communication within insecure network environments. With its inherent benefits of decentralization and anonymization, blockchain has gained considerable attention in…
Blockchain enables novel, trustworthy Process-Aware Information Systems (PAISs) by enforcing the security, robustness, and traceability of operations. In particular, transparency ensures that all information exchanges are openly accessible,…
Payment channel is a protocol which allows cryptocurrency users to route multiple transactions through network without committing them to the main blockchain network (mainnet). This ability makes them the most prominent solution to…