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For centuries, financial institutions have responded to liquidity challenges by forming closed, centralized clearing clubs with strict rules and membership that allow them to collaborate on using the least money to discharge the most debt.…

Computational Engineering, Finance, and Science · Computer Science 2025-07-31 Ethan Buchman , Paolo Dini , Shoaib Ahmed , Andrew Miller , Tomaž Fleischman

Decentralized smart contracts enable trustless collaboration but suffer from limited privacy and scalability, which hinders broader adoption. Trusted Execution Environment (TEE) based off-chain execution frameworks offer a promising…

Cryptography and Security · Computer Science 2025-11-07 Keyu Zhang , Andrew Martin

Blockchain and distributed ledger technologies (DLTs) facilitate decentralized computations across trust boundaries. However, ensuring complex computations with low gas fees and confidentiality remains challenging. Recent advances in…

Cryptography and Security · Computer Science 2026-02-12 Fernando Castillo , Jonathan Heiss , Sebastian Werner , Stefan Tai

Rollups have emerged as a promising approach to improving blockchains' scalability by offloading transactions execution off-chain. Existing rollup solutions either leverage complex zero-knowledge proofs or optimistically assume execution…

Cryptography and Security · Computer Science 2025-12-02 Xiaoqing Wen , Quanbi Feng , Hanzheng Lyu , Jianyu Niu , Yinqian Zhang , Chen Feng

This thesis proposes techniques aiming to make blockchain technologies and smart contract platforms practical by improving their scalability, latency, and privacy. This thesis starts by presenting the design and implementation of…

Cryptography and Security · Computer Science 2021-02-25 Alberto Sonnino

Decentralized Finance (DeFi) refers to financial services that are not necessarily related to crypto-currencies. By employing blockchain for security and integrity, DeFi creates new possibilities that attract retail and institution users,…

Cryptography and Security · Computer Science 2024-04-18 Krzysztof Gogol , Christian Killer , Malte Schlosser , Thomas Bocek , Burkhard Stiller , Claudio Tessone

Blockchain has the potential to revolutionize the way we store, use, and process data. Information on most blockchains can be viewed by every node hosting the blockchain, which means that most blockchains cannot handle private data.…

Cryptography and Security · Computer Science 2018-10-30 Sabine Bertram , Co-Pierre Georg

Large scale deep learning model, such as modern language models and diffusion architectures, have revolutionized applications ranging from natural language processing to computer vision. However, their deployment in distributed or…

In TrustZone-assisted TEEs, the trusted OS has unrestricted access to both secure and normal world memory. Unfortunately, this architectural limitation has opened an aisle of exploration for attackers, which have demonstrated how to…

Cryptography and Security · Computer Science 2022-03-03 David Cerdeira , José Martins , Nuno Santos , Sandro Pinto

Cryptocurrencies aim to replicate physical cash in the digital realm while removing centralized and trusted intermediaries. Decentralization is achieved by the blockchain, a permanent public ledger that contains a record of every…

Cryptography and Security · Computer Science 2024-06-04 Domokos Miklós Kelen , István András Seres

In response to growing demand for resilient and transparent financial instruments, we introduce a novel framework for replicating private equity (PE) performance using liquid, AI-enhanced strategies. Despite historically delivering robust…

Pricing of Securities · Quantitative Finance 2025-10-28 E. Benhamou , JJ. Ohana , B. Guez , E. Setrouk , T. Jacquot

For many users, a private key based wallet serves as the primary entry point to blockchains. Commonly recommended wallet authentication methods, such as mnemonics or hardware wallets, can be cumbersome. This difficulty in user onboarding…

Cryptography and Security · Computer Science 2024-10-01 Foteini Baldimtsi , Konstantinos Kryptos Chalkias , Yan Ji , Jonas Lindstrøm , Deepak Maram , Ben Riva , Arnab Roy , Mahdi Sedaghat , Joy Wang

Decentralized Autonomous Organizations (DAOs) are blockchain-based organizations that facilitate decentralized governance. Today, DAOs not only hold billions of dollars in their treasury but also govern many of the most popular…

Cryptography and Security · Computer Science 2024-08-08 Rainer Feichtinger , Robin Fritsch , Lioba Heimbach , Yann Vonlanthen , Roger Wattenhofer

The disruptive technology of blockchain can deliver secure solutions without the need for a central authority. In blockchain protocols, assets that belong to a participant are controlled through the private key of an asymmetric key pair…

Cryptography and Security · Computer Science 2020-06-26 Mehmet Aydar , Salih Cemil Cetin , Serkan Ayvaz , Betul Aygun

Decentralization has been touted as the principal security advantage which propelled blockchain systems at the forefront of developments in the financial technology space. Its exact semantics nevertheless remain highly contested and…

Cryptography and Security · Computer Science 2024-04-16 Christina Ovezik , Dimitris Karakostas , Aggelos Kiayias

Internet of Things (IoT) devices constantly generate heterogeneous data streams, driving demand for continuous, decentralized intelligence. Federated Lifelong Learning (FLL) provides an ideal solution by incorporating federated learning and…

Cryptography and Security · Computer Science 2026-03-31 Handi Chen , Jing Deng , Xiuzhe Wu , Zhihan Jiang , Xinchen Zhang , Xianhao Chen , Edith C. H. Ngai

Lending protocols are one of the main applications of Decentralized Finance (DeFi), enabling crypto-assets loan markets with a total value estimated in the tens of billions of dollars. Unlike traditional lending systems, these protocols…

Computer Science and Game Theory · Computer Science 2025-06-19 Massimo Bartoletti , Enrico Lipparini

Decentralized applications (dApps) in Decentralized Finance (DeFi) face a fundamental tension between regulatory compliance requirements like Know Your Customer (KYC) and maintaining decentralization and privacy. Existing permissioned DeFi…

Cryptography and Security · Computer Science 2025-10-08 Fabian Piper , Karl Wolf , Jonathan Heiss

Federated Learning (FL) has gained widespread popularity in recent years due to the fast booming of advanced machine learning and artificial intelligence along with emerging security and privacy threats. FL enables efficient model…

Cryptography and Security · Computer Science 2023-03-27 Ervin Moore , Ahmed Imteaj , Shabnam Rezapour , M. Hadi Amini

Authentication and authorization of a user's identity are generally done by the service providers or identity providers. However, these centralized systems limit the user's control of their own identity and are prone to massive data leaks…

Cryptography and Security · Computer Science 2022-07-06 Shlok Gilda , Tanvi Jain , Aashish Dhalla
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