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Blockchain-based distributed computing platforms enable the trusted execution of computation - defined in the form of smart contracts - without trusted agents. Smart contracts are envisioned to have a variety of applications, ranging from…

Cryptography and Security · Computer Science 2018-02-28 Anastasia Mavridou , Aron Laszka

Modern cryptocurrency systems, such as Ethereum, permit complex financial transactions through scripts called smart contracts. These smart contracts are executed many, many times, always without real concurrency. First, all smart contracts…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-02-16 Thomas Dickerson , Paul Gazzillo , Maurice Herlihy , Eric Koskinen

Smart contracts are central to a myriad of critical blockchain applications, from financial transactions to supply chain management. However, their adoption is hindered by security vulnerabilities that can result in significant financial…

Cryptography and Security · Computer Science 2025-09-30 Dalila Ressi , Alvise Spanò , Lorenzo Benetollo , Carla Piazza , Michele Bugliesi , Sabina Rossi

Blockchain has become particularly popular due to its promise to support business-critical services in very different domains (e.g., retail, supply chains, healthcare). Blockchain systems rely on complex middleware, like Ethereum or…

Software Engineering · Computer Science 2020-10-23 Ákos Hajdu , Naghmeh Ivaki , Imre Kocsis , Attila Klenik , László Gönczy , Nuno Laranjeiro , Henrique Madeira , András Pataricza

The Ethereum platform supports the decentralized execution of smart contracts, i.e. computer programs that transfer digital assets between users. The most common language used to develop these contracts is Solidity, a Javascript-like…

Programming Languages · Computer Science 2019-08-08 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

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

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

We present a toolchain for developing and verifying smart contracts that can be executed on Bitcoin. The toolchain is based on BitML, a recent domain-specific language for smart contracts with a computationally sound embedding into Bitcoin.…

Programming Languages · Computer Science 2019-08-06 Nicola Atzei , Massimo Bartoletti , Stefano Lande , Nobuko Yoshida , Roberto Zunino

Smart contracts are programs that are executed on a blockhain. They have been used for applications in voting, decentralized finance, and supply chain management. However, vulnerabilities in smart contracts have been abused by hackers,…

Programming Languages · Computer Science 2021-10-19 Timothy Mou , Michael Coblenz , Jonathan Aldrich

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 is the building block of blockchain systems that enables automated peer-to-peer transactions and decentralized services. With the increasing popularity of smart contracts, blockchain systems, in particular Ethereum, have been…

Cryptography and Security · Computer Science 2021-05-24 Huiwen Hu , Yuedong Xu

Blockchains are maintained by a network of participants that run algorithms designed to maintain collectively a distributed machine tolerant to Byzantine attacks. From the point of view of users, blockchains provide the illusion of…

Logic in Computer Science · Computer Science 2022-07-15 Martán Ceresa , César Sánchez

The Ethereum blockchain platform supports the execution of decentralised applications or smart contracts. These typically hold and transfer digital currency to other parties on the platform; however, they have been subject to numerous…

Programming Languages · Computer Science 2019-04-16 Franklin Schrans , Daniel Hails , Alexander Harkness , Sophia Drossopoulou , Susan Eisenbach

Ethereum has become a widely used platform to enable secure, Blockchain-based financial and business transactions. However, a major concern in Ethereum is the security of its smart contracts. Many identified bugs and vulnerabilities in…

Software Engineering · Computer Science 2020-05-21 Zhipeng Gao , Vinoj Jayasundara , Lingxiao Jiang , Xin Xia , David Lo , John Grundy

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart contracts with Blockchain are modern technologies that have gained enormous attention in scientific…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-02-17 Norah M. Alshahrani , M. L. Mat Kiah , B. B. Zaidan , A. H. Alamoodi , Abdu Saif

The industrial market continuously needs reliable solutions to secure autonomous systems. Especially as these systems become more complex and interconnected, reliable security solutions are becoming increasingly important. One promising…

Cryptography and Security · Computer Science 2025-06-30 Önder Gürcan

The adoption of blockchain-based distributed computation platforms is growing fast. Some of these platforms, such as Ethereum, provide support for implementing smart contracts, which are envisioned to have novel applications in a broad…

Cryptography and Security · Computer Science 2017-11-28 Anastasia Mavridou , Aron Laszka

We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…

Computers and Society · Computer Science 2018-01-10 Munindar P. Singh , Amit K. Chopra

With a market capitalisation of over USD 205 billion in just under ten years, public distributed ledgers have experienced significant adoption. Apart from novel consensus mechanisms, their success is also accountable to smart contracts.…

Cryptography and Security · Computer Science 2018-11-02 Dominik Harz , William Knottenbelt

This paper outlines key design principles of Scilla---an intermediate-level language for verified smart contracts. Scilla provides a clean separation between the communication aspect of smart contracts on a blockchain, allowing for the rich…

Programming Languages · Computer Science 2018-01-03 Ilya Sergey , Amrit Kumar , Aquinas Hobor