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Decentralized federated learning (DFL) captures FL settings where both (i) model updates and (ii) model aggregations are exclusively carried out by the clients without a central server. Existing DFL works have mostly focused on settings…

Machine Learning · Computer Science 2025-03-07 Shahryar Zehtabi , Dong-Jun Han , Rohit Parasnis , Seyyedali Hosseinalipour , Christopher G. Brinton

Whereas traditional credit scoring tends to employ only individual borrower- or loan-level predictors, it has been acknowledged for some time that connections between borrowers may result in default risk propagating over a network. In this…

General Finance · Quantitative Finance 2024-06-26 Sahab Zandi , Kamesh Korangi , María Óskarsdóttir , Christophe Mues , Cristián Bravo

Many classical blockchains are known to have an embarrassingly low transaction throughput, down to Bitcoin's notorious seven transactions per second limit.Various proposals and implementations for increasing throughput emerged in the first…

Cryptography and Security · Computer Science 2023-03-08 Lioba Heimbach , Quentin Kniep , Yann Vonlanthen , Roger Wattenhofer

The rapid growth of decentralized finance (DeFi) has led to the widespread use of automated agents, or bots, within blockchain ecosystems like Ethereum, Binance Smart Chain, and Solana. While these bots enhance market efficiency and…

Cryptography and Security · Computer Science 2025-01-22 Ahmed Mounsf Rafik Bendada , Abdelaziz Amara Korba , Mouhamed Amine Bouchiha , Yacine Ghamri-Doudane

Decentralized and lifelong-adaptive multi-agent collaborative learning aims to enhance collaboration among multiple agents without a central server, with each agent solving varied tasks over time. To achieve efficient collaboration, agents…

Machine Learning · Computer Science 2024-03-12 Shuo Tang , Rui Ye , Chenxin Xu , Xiaowen Dong , Siheng Chen , Yanfeng Wang

One of the exciting recent developments in decentralized finance (DeFi) has been the development of decentralized cryptocurrency exchanges that can autonomously handle conversion between different cryptocurrencies. Decentralized exchange…

Trading and Market Microstructure · Quantitative Finance 2021-01-11 Bhaskar Krishnamachari , Qi Feng , Eugenio Grippo

In Location-based Social Networks, Point-of-Interest (POI) recommendation helps users discover interesting places. There is a trend to move from the cloud-based model to on-device recommendations for privacy protection and reduced server…

Information Retrieval · Computer Science 2024-01-26 Ruiqi Zheng , Liang Qu , Tong Chen , Lizhen Cui , Yuhui Shi , Hongzhi Yin

Decentralized federated learning (DFL) uses peer-to-peer communication to avoid the single point of failure problem in federated learning and has been considered an attractive solution for machine learning tasks on distributed devices. We…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-09-10 Yifan Hua , Jinlong Pang , Xiaoxue Zhang , Yi Liu , Xiaofeng Shi , Bao Wang , Yang Liu , Chen Qian

Distributed programs are hard to get right because they are required to be open, scalable, long-running, and tolerant to faults. In particular, the recent approaches to distributed software based on (micro-)services where different services…

Programming Languages · Computer Science 2017-08-25 Ian Cassar , Adrian Francalanza , Claudio Antares Mezzina , Emilio Tuosto

Securities lending is an important part of the financial market structure, where agent lenders help long term institutional investors to lend out their securities to short sellers in exchange for a lending fee. Agent lenders within the…

Trading and Market Microstructure · Quantitative Finance 2024-10-08 Jing Xu , Yung-Cheng Hsu , William Biscarri

We develop a model to predict consumer default based on deep learning. We show that the model consistently outperforms standard credit scoring models, even though it uses the same data. Our model is interpretable and is able to provide a…

General Economics · Economics 2019-10-07 Stefania Albanesi , Domonkos F. Vamossy

Federated learning (FL), which has gained increasing attention recently, enables distributed devices to train a common machine learning (ML) model for intelligent inference cooperatively without data sharing. However, problems in practical…

Machine Learning · Computer Science 2022-11-01 Yujie Zhou , Zhidu Li , Tong Tang , Ruyan Wang

The rapid growth of Decentralized Finance (DeFi) boosts the Ethereum ecosystem. At the same time, attacks towards DeFi applications (apps) are increasing. However, to the best of our knowledge, existing smart contract vulnerability…

Cryptography and Security · Computer Science 2021-05-03 Siwei Wu , Dabao Wang , Jianting He , Yajin Zhou , Lei Wu , Xingliang Yuan , Qinming He , Kui Ren

Data privacy and sharing has always been a critical issue when trying to build complex deep learning-based systems to model data. Facilitation of a decentralized approach that could take benefit from data across multiple nodes while not…

Machine Learning · Computer Science 2020-11-24 Pratik Ratadiya , Khushi Asawa , Omkar Nikhal

Many aspects of blockchain-based decentralized finance can be understood as an extension of classical distributed computing. In this paper, we trace the evolution of two interrelated notions: failure and fault-tolerance. In classical…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-09-28 Daniel Engel , Maurice Herlihy , Yingjie Xue

Key graph-based problems play a central role in understanding network topology and uncovering patterns of similarity in homogeneous and temporal data. Such patterns can be revealed by analyzing communities formed by nodes, which in turn can…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-10-02 Davide Rucci , Emanuele Carlini , Patrizio Dazzi , Hanna Kavalionak , Matteo Mordacchini

Reliable long-horizon prediction remains a challenge for data-driven CFD surrogates, because offline-trained models accumulate autoregressive errors and lose accuracy when operating conditions change. This work develops a divergence-aware…

Fluid Dynamics · Physics 2026-05-26 Xiangrui Zou , Zhuoqun Zhao , Guillermo Barragán , Soledad Le Clainche

Federated Learning has emerged as a leading paradigm for decentralized, privacy-preserving learning, particularly relevant in the era of interconnected edge devices equipped with sensors. However, the practical implementation of Federated…

Machine Learning · Computer Science 2025-07-15 Manuel Röder , Christoph Raab , Frank-Michael Schleif

Sequential fundraising in two sided online platforms enable peer to peer lending by sequentially bringing potential contributors, each of whose decisions impact other contributors in the market. However, understanding the dynamics of…

Machine Learning · Computer Science 2023-08-03 Soumajyoti Sarkar

Stablecoins are a class of cryptocurrencies which aim at providing consistency and predictability, typically by pegging the token's value to that of a real world asset. Designing resilient decentralized stablecoins is a challenge, and…

Computer Science and Game Theory · Computer Science 2024-10-30 Nicholas Strohmeyer , Sriram Vishwanath , David Fridovich-Keil