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Blockchain systems and smart contracts provide ways to securely implement multi-party transactions without the use of trusted intermediaries, which currently underpin many commercial transactions. However, they do so by transferring trust…

Logic in Computer Science · Computer Science 2018-11-16 Ron van der Meyden

With the rapid growth of hyperconnected devices and decentralized data architectures, safeguarding Internet of Things (IoT) transactions is becoming increasingly challenging. Blockchain presents a promising solution, yet its effectiveness…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-11-14 Sokratis Vavilis , Harris Niavis , Konstantinos Loupos

The wide deployment of tokens for digital assets on top of Ethereum implies the need for powerful trading platforms. Vickrey auctions have been known to determine the real market price of items as bidders are motivated to submit their own…

Cryptography and Security · Computer Science 2019-05-16 Hisham S. Galal , Amr M. Youssef

Security bugs and trapdoors in smart contracts have been impacting the Ethereum community since its inception. Conceptually, the 1.45-million Ethereum's contracts form a single "gigantic program" whose behaviors are determined by the…

Cryptography and Security · Computer Science 2025-08-08 Thomas Ball , Nikolaj S. Bjørner , Ashley J. Chen , Shuo Chen , Yang Chen , Zhongxin Guo , Tzu-Han Hsu , Peng Liu , Nanqing Luo

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,…

Computational Engineering, Finance, and Science · Computer Science 2024-07-30 Maruf Ahmed Mridul , Kaiyang Chang , Aparna Gupta , Oshani Seneviratne

This paper proposes two decentralised, secure and privacy-friendly protocols for local electricity trading and billing, respectively. The trading protocol employs a bidding algorithm based upon secure multiparty computations and allows…

Cryptography and Security · Computer Science 2018-01-26 Aysajan Abidin , Abdelrahaman Aly , Sara Cleemput , Mustafa A. Mustafa

This paper examines the dynamics of the cryptocurrency market and proposes a novel blockchain-based protocol for real estate transactions. Our analysis includes a detailed review of price trends, volatility, and correlations within the…

Financial markets are undergoing an unprecedented transformation. Technological advances have brought major improvements to the operations of financial services. While these advances promote improved accessibility and convenience,…

Trading and Market Microstructure · Quantitative Finance 2023-12-05 Agostino Capponi , Garud Iyengar , Jay Sethuraman

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

Stablecoins face an unresolved trilemma of balancing decentralization, stability, and regulatory compliance. We present a hybrid stabilization protocol that combines crypto-collateralized reserves, algorithmic futures contracts, and…

Cryptography and Security · Computer Science 2025-06-09 Shengwei You , Andrey Kuehlkamp , Jarek Nabrzyski

Smart contracts have enabled blockchain systems to evolve from simple cryptocurrency platforms, such as Bitcoin, to general transactional systems, such as Ethereum. Catering for emerging business requirements, a new architecture called…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-03-24 Pingcheng Ruan , Dumitrel Loghin , Quang-Trung Ta , Meihui Zhang , Gang Chen , Beng Chin Ooi

The adoption of blockchain for Transactive Energy has gained significant momentum as it allows mutually non-trusting agents to trade energy services in a trustless energy market. Research to date has assumed that the built-in Byzantine…

Systems and Control · Electrical Eng. & Systems 2020-11-16 Shammya Saha , Nikhil Ravi , Kari Hreinsson , Jaejong Baek , Anna Scaglione , Nathan G. Johnson

We characterize digital cash as the digital equivalent of physical cash: secure, fungible, decentralized, directly controlled, privacy-preserving; but enhanced with qualitatively new functionality. It is extremely efficiently transferable…

Cryptography and Security · Computer Science 2022-11-29 Søren Debois , Fritz Henglein , Morten C. Nielsen , Christian Olesen , Gert Sylvest

The hype about Bitcoin has overrated the potential of smart contracts deployed on-blockchains (on-chains) and underrated the potential of smart contracts deployed on-Trusted Third Parties (on-TTPs). As a result, current research and…

Networking and Internet Architecture · Computer Science 2020-10-27 Carlos Molina-Jimenez , Ioannis Sfyrakis , Linmao Song , Hazem Danny Al Nakib , Jon Crowcroft

Peer-to-peer (p2p) content delivery is promising to provide benefits like cost-saving and scalable peak-demand handling in comparison with conventional content delivery networks (CDNs) and complement the decentralized storage networks such…

Cryptography and Security · Computer Science 2021-09-28 Songlin He , Yuan Lu , Qiang Tang , Guiling Wang , Chase Qishi Wu

Smart contracts - computer protocols that regulate the exchange of crypto-assets in trustless environments - have become popular with the spread of blockchain technologies. A landmark security property of smart contracts is liquidity: in a…

Cryptography and Security · Computer Science 2023-06-22 Massimo Bartoletti , Stefano Lande , Maurizio Murgia , Roberto Zunino

Inspired by Bitcoin, many different kinds of cryptocurrencies based on blockchain technology have turned up on the market. Due to the special structure of the blockchain, it has been deemed impossible to directly trade between traditional…

Cryptography and Security · Computer Science 2020-05-08 Hangyu Tian , Kaiping Xue , Shaohua Li , Jie Xu , Jianqing Liu , Jun Zhao

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…

Computers and Society · Computer Science 2018-01-09 Henry Kim , Marek Laskowski

Blockchains, and specifically smart contracts, have promised to create fair and transparent trading ecosystems. Unfortunately, we show that this promise has not been met. We document and quantify the widespread and rising deployment of…

Cryptography and Security · Computer Science 2019-04-11 Philip Daian , Steven Goldfeder , Tyler Kell , Yunqi Li , Xueyuan Zhao , Iddo Bentov , Lorenz Breidenbach , Ari Juels

The NFT ecosystem represents an interconnected, decentralized environment that encompasses the creation, distribution, and trading of Non-Fungible Tokens (NFTs), where key actors, such as marketplaces, sellers, and buyers, utilize smart…

Software Engineering · Computer Science 2025-12-22 Yujing Chen , Xuanming Liu , Zhiyuan Wan , Zuobin Wang , David Lo , Difan Xie , Xiaohu Yang