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Blockchain technology promises to democratize finance and promote social equity through decentralization, but questions remain about whether current implementations advance or hinder these goals. Through a mixed-methods study combining…

Human-Computer Interaction · Computer Science 2025-05-13 Faisal Haque Bappy , EunJeong Cheon , Tariqul Islam

Decentralized finance, i.e., DeFi, has become the most popular type of application on many public blockchains (e.g., Ethereum) in recent years. Compared to the traditional finance, DeFi allows customers to flexibly participate in diverse…

Cryptography and Security · Computer Science 2021-03-05 Bin Wang , Han Liu , Chao Liu , Zhiqiang Yang , Qian Ren , Huixuan Zheng , Hong Lei

The trustless nature of permissionless blockchains renders overcollateralization a key safety component relied upon by decentralized finance (DeFi) protocols. Nonetheless, factors such as price volatility may undermine this mechanism. In…

General Finance · Quantitative Finance 2021-12-14 Daniel Perez , Sam M. Werner , Jiahua Xu , Benjamin Livshits

A niche corner of the Web3 world is increasingly making use of hardware-based Trusted Execution Environments (TEEs) to build decentralized infrastructure. One of the motivations to use TEEs is to go beyond the current performance…

Cryptography and Security · Computer Science 2024-10-10 Sylvain Bellemare

Blockchain technologies are taking the world by storm. Public blockchains, such as Bitcoin and Ethereum, enable secure peer-to-peer applications like crypto-currency or smart contracts. Their security and performance are well studied. This…

Databases · Computer Science 2017-03-14 Tien Tuan Anh Dinh , Ji Wang , Gang Chen , Rui Liu , Beng Chin Ooi , Kian-Lee Tan

Cryptocurrency introduces usability challenges by requiring users to manage signing keys. Popular signing key management services (e.g., custodial wallets), however, either introduce a trusted party or burden users with managing signing key…

Cryptography and Security · Computer Science 2024-07-24 Lulu Zhou , Zeyu Liu , Fan Zhang , Michael K. Reiter

Trusted Execution Environments (TEEs) protect sensitive code and data from the operating system, hypervisor, or other untrusted software. Different solutions exist, each proposing different features. Abstraction layers aim to unify the…

Cryptography and Security · Computer Science 2025-12-29 Quentin Michaud , Sara Ramezanian , Dhouha Ayed , Olivier Levillain , Joaquin Garcia-Alfaro

Cryptocurrencies such as Bitcoin and Ethereum have made payment transactions possible without a trusted third party, but they have a scalability issue due to their consensus mechanisms. Payment networks have emerged to overcome this…

Cryptography and Security · Computer Science 2025-03-25 Junmo Lee , Seongjun Kim , Sanghyeon Park , Soo-Mook Moon

We investigate identity lease, a new type of service in which users lease their identities to third parties by providing them with full or restricted access to their online accounts or credentials. We discuss how identity lease could be…

Cryptography and Security · Computer Science 2019-05-10 Ivan Puddu , Daniele Lain , Moritz Schneider , Elizaveta Tretiakova , Sinisa Matetic , Srdjan Capkun

Increasingly, information systems rely on computational, storage, and network resources deployed in third-party facilities such as cloud centers and edge nodes. Such an approach further exacerbates cybersecurity concerns constantly raised…

Cryptography and Security · Computer Science 2022-06-07 Runhua Xu , Chao Li , James Joshi

The proliferation of blockchain-backed cryptocurrencies has sparked the need for cross-chain exchanges of diverse digital assets. Unfortunately, current exchanges suffer from high on-chain verification costs, weak threat models of central…

Cryptography and Security · Computer Science 2024-09-24 Xiaoqing Wen , Quanbi Feng , Jianyu Niu , Yinqian Zhang , Chen Feng

In recent years, many Blockchain based frameworks for transacting commodities on a congestible network have been proposed. In particular, as the number of controllable grid connected assets increases, there is a need for a decentralized,…

Signal Processing · Electrical Eng. & Systems 2019-10-25 Nikhil Ravi , Shammya Saha , Anna Scaglione , Nathan G. Johnson

Web3 applications require execution platforms that maintain confidentiality and integrity without relying on centralized trust authorities. While Trusted Execution Environments (TEEs) offer promising capabilities for confidential computing,…

Cryptography and Security · Computer Science 2025-09-16 Shunfan Zhou , Kevin Wang , Hang Yin

Secure aggregation enables a group of mutually distrustful parties, each holding private inputs, to collaboratively compute an aggregate value while preserving the privacy of their individual inputs. However, a major challenge in adopting…

Cryptography and Security · Computer Science 2025-04-14 Romain de Laage , Peterson Yuhala , François-Xavier Wicht , Pascal Felber , Christian Cachin , Valerio Schiavoni

An increasing number of distributed platforms combine Trusted Execution Environments (TEEs) with blockchains. Indeed, many hail the combination of TEEs and blockchains a good "marriage": TEEs bring confidential computing to the blockchain…

Cryptography and Security · Computer Science 2024-12-03 Annika Wilde , Tim Niklas Gruel , Claudio Soriente , Ghassan Karame

Confidential Computing enhances privacy of data in-use through hardware-based Trusted Execution Environments (TEEs) that use attestation to verify their integrity, authenticity, and certain runtime properties, along with those of the…

Cryptography and Security · Computer Science 2024-12-09 Ceren Kocaoğullar , Tina Marjanov , Ivan Petrov , Ben Laurie , Al Cutter , Christoph Kern , Alice Hutchings , Alastair R. Beresford

The decentralized and trustless nature of cryptocurrencies and blockchain technology leads to a shift in the digital world. The possibility to execute small programs, called smart contracts, on cryptocurrencies like Ethereum opened doors to…

Cryptography and Security · Computer Science 2021-01-15 Hendrik Amler , Lisa Eckey , Sebastian Faust , Marcel Kaiser , Philipp Sandner , Benjamin Schlosser

Distributed ledger systems (i.e., blockchains) have received a lot of attention. They promise to enable mutually untrusted participants to execute transactions while providing the immutability of the data and censorship resistance. Although…

Cryptography and Security · Computer Science 2026-01-06 Ivan Homoliak , Mario Larangeira , Martin Peresini , Pawel Szalachowski

Trusted Execution Environments (TEEs) are gradually adopted by major cloud providers, offering a practical option of \emph{confidential computing} for users who don't fully trust public clouds. TEEs use CPU-enabled hardware features to…

Cryptography and Security · Computer Science 2023-08-15 AKM Mubashwir Alam , Keke Chen

The exponential growth of wireless-based solutions, such as those related to the mobile smart devices (e.g., smart-phones and tablets) and Internet of Things (IoT) devices, has lead to countless advantages in every area of our society. Such…

Cryptography and Security · Computer Science 2018-08-28 Roberto Saia