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In this chapter we provide an overview of the concept of blockchain technology and its potential to disrupt the world of banking through facilitating global money remittance, smart contracts, automated banking ledgers and digital assets. In…

Computers and Society · Computer Science 2015-11-19 Gareth William Peters , Efstathios Panayi

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

Electronic systems tend to simplify the tedious traditional scheme and basically focuses on the platform design and process organization. The integrity of the output of an automated system is not left behind but the possibility of internal…

Cryptography and Security · Computer Science 2019-11-14 August Thio-ac , Alfred Keanu Serut , Rayn Louise Torrejos , Keenan Dave Rivo , Jessica Velasco

Smart Contracts are commonly considered to be an important component or even a key to many business solutions in an immense variety of sectors and promises to securely increase their individual efficiency in an ever more digitized…

Computational Finance · Quantitative Finance 2021-03-16 Elizaveta Zinovyeva , Raphael C. G. Reule , Wolfgang Karl Härdle

Blockchain is a distributed ledger technology that gained popularity for enabling the transformation of cryptocurrency among peers without mediation by a centralized third-party authority. Smart contracts expand the applications of…

Cryptography and Security · Computer Science 2023-10-09 Majd Soud , Gísli Hjálmtýsson , Mohammad Hamdaqa

A donation-tracking system leveraging smart contracts and blockchain technology holds transformative potential for reshaping the landscape of charitable giving, especially within the context of Web 3.0. This paper explores how smart…

Cryptography and Security · Computer Science 2024-10-11 Chaimaa Nairi , Murtaza Cicioglu , Ali Calhan

Blockchain is an incipient technology that offers many strengths compared to traditional systems, such as decentralization, transparency and traceability. However, if the technology is to be used for processing personal data, complementary…

Software Engineering · Computer Science 2020-10-27 Fernanda Molina , Gustavo Betarte , Carlos Luna

The Blockchain and the programs running on it, called Smart Contracts, are more and more applied in all fields requiring trust and strong certifications. In this work we compare public and permissioned blockchains for industrial…

Cryptography and Security · Computer Science 2020-05-07 Lodovica Marchesi , Michele Marchesi , Roberto Tonelli

The real estate market includes complex and inefficient mediation processes. Renting a property envolves multiple entities with different responsibilities and interests. Therefore it is imperative to establish a trustful relationship…

Cryptography and Security · Computer Science 2024-02-09 André S. Proença , Tiago R. Dias , Miguel P. Correia

Blockchain technology has set off a wave of decentralization in the world since its birth. The trust system constructed by blockchain technology based on cryptography algorithm and computing power provides a practical and powerful solution…

Computational Engineering, Finance, and Science · Computer Science 2025-05-08 Pengfei Gao , Dechao Kong , Xiaoqi Li

In recent years, blockchain has grown in popularity due to its singular attributes, enabling the development of new innovative decentralized applications. But when companies consider leveraging blockchain for their applications, the…

Cryptography and Security · Computer Science 2021-01-25 Nicolas Six

The rise of digital currency and the public ledger Block Chain has led to the development of a new type of electronic contract known as "smart contracts." For these contracts to be considered valid, they must adhere to traditional contract…

Smart contracts are programs stored on a blockchain that run when predetermined conditions are met. However, designing and implementing a smart contract is not trivial since upon deployment on a blockchain, it is no longer possible to…

Software Engineering · Computer Science 2021-12-08 Chaïmaa Benabbou , Önder Gürcan

The development of blockchain technologies has enabled the trustless execution of so-called smart contracts, i.e. programs that regulate the exchange of assets (e.g., cryptocurrency) between users. In a decentralized blockchain, the state…

Programming Languages · Computer Science 2020-04-28 Massimo Bartoletti , Letterio Galletta , Maurizio Murgia

The agricultural sector is still lagging behind from all other sectors in terms of using the newest technologies. For production, the latest machines are being introduced and adopted. However, pre-harvest and post-harvest processing are…

Computers and Society · Computer Science 2021-04-02 Tahmid Hasan Pranto , Abdulla All Noman , Atik Mahmud , AKM Bahalul Haque

Smart contracts manage blockchain assets and embody business processes. However, mainstream smart contract programming languages such as Solidity lack explicit notions of roles, action dependencies, and time. Instead, these concepts are…

Software Engineering · Computer Science 2023-09-19 Mojtaba Eshghie , Wolfgang Ahrendt , Cyrille Artho , Thomas Troels Hildebrandt , Gerardo Schneider

Smart contracts, integral to blockchain ecosystems, enable decentralized applications to execute predefined operations without intermediaries. Their ability to enforce trustless interactions has made them a core component of platforms such…

Cryptography and Security · Computer Science 2025-06-10 Mesut Ozdag

Corruption is a major global financial problem with billions of dollars rendered lost or unaccountable annually. Corruption through contract fraud is often conducted by withholding and/or altering financial information. When such scandals…

Computers and Society · Computer Science 2020-02-18 Jørgen Svennevik Notland , Jakob Svennevik Notland , Donn Morrison

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…

Software Engineering · Computer Science 2016-12-12 Luciano García-Bañuelos , Alexander Ponomarev , Marlon Dumas , Ingo Weber

We put forward the idea that classical blockchains and smart contracts are potentially useful primitives not only for classical cryptography, but for quantum cryptography as well. Abstractly, a smart contract is a functionality that allows…

Quantum Physics · Physics 2020-07-22 Andrea Coladangelo , Or Sattath