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The exploitation of smart-contract vulnerabilities can have catastrophic consequences such as the loss of millions of pounds worth of crypto assets. Formal verification can be a useful tool in identifying vulnerabilities and proving that…

Programming Languages · Computer Science 2020-02-10 Pedro Antonino , A. W. Roscoe

We propose a formal approach for specifying and implementing decentralised coordination in distributed systems, with a focus on smart contracts. Our model captures dynamic roles, data-driven transitions, and external coordination…

Programming Languages · Computer Science 2026-04-23 Elvis Konjoh Selabi , Maurizio Murgia , António Ravara , Emilio Tuosto

Smart contracts are self-executing programs on blockchain platforms like Ethereum, which have revolutionized decentralized finance by enabling trustless transactions and the operation of decentralized applications. Despite their potential,…

Software Engineering · Computer Science 2026-03-25 Gerardo Iuliano , Dario Di Nucci

Smart contracts are a special type of programs running inside a blockchain. Immutable and transparent, they provide means to implement fault-tolerant and censorship-resistant services. Unfortunately, its immutability causes a serious…

Logic in Computer Science · Computer Science 2018-12-04 Evgeniy Shishkin

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

Smart contracts are essential to decentralized finance (DeFi) and blockchain ecosystems but are increasingly vulnerable to exploits due to coding errors and complex attack vectors. Traditional static analysis tools and existing…

Cryptography and Security · Computer Science 2025-02-20 Jun Kevin , Pujianto Yugopuspito

Smart contracts are small programs on the blockchain that often handle valuable assets. Vulnerabilities in smart contracts can be costly, as time has shown over and over again. Countermeasures are high in demand and include best practice…

Software Engineering · Computer Science 2023-05-03 Monika di Angelo , Gernot Salzer

With the rise in using immature smart contract programming languages to build a decentralized application, more vulnerabilities have been introduced to the Blockchain and were the main reasons behind critical financial losses. Moreover, the…

Cryptography and Security · Computer Science 2023-12-04 Oualid Zaazaa , Hanan El Bakkali

Ethereum has become a widely used platform to enable secure, Blockchain-based financial and business transactions. However, many identified bugs and vulnerabilities in smart contracts have led to serious financial losses, which raises…

Software Engineering · Computer Science 2021-07-06 Zhipeng Gao

Smart contracts are regarded as one of the most promising and appealing notions in blockchain technology. Their self-enforcing and event-driven features make some online activities possible without a trusted third party. Nevertheless,…

Cryptography and Security · Computer Science 2021-02-16 Bin Hu , Zongyang Zhang , Jianwei Liu , Yizhong Liu , Jiayuan Yin , Rongxing Lu , Xiaodong Lin

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

Machine learning algorithms learn from data and use data from databases that are mutable; therefore, the data and the results of machine learning cannot be fully trusted. Also, the machine learning process is often difficult to automate. A…

Machine Learning · Computer Science 2019-08-19 Tao Wang , Xinmin Wu , Taiping He

Smart contract technology is reshaping conventional industry and business processes. Being embedded in blockchains, smart contracts enable the contractual terms of an agreement to be enforced automatically without the intervention of a…

Software Engineering · Computer Science 2019-12-24 Zibin Zheng , Shaoan Xie , Hong-Ning Dai , Weili Chen , Xiangping Chen , Jian Weng , Muhammad Imran

Emin G\"un Sirer once said: It's clear that writing a robust, secure smart contract requires extreme amounts of diligence. It's more similar to writing code for a nuclear power reactor, than to writing loose web code [...] Yet the current…

Software Engineering · Computer Science 2019-08-05 Gustavo Betarte , Maximiliano Cristiá , Carlos Luna , Adrián Silveira , Dante Zanarini

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

Smart contracts are programs running on cryptocurrency (e.g., Ethereum) blockchains, whose popularity stem from the possibility to perform financial transactions, such as payments and auctions, in a distributed environment without need for…

Cryptography and Security · Computer Science 2018-04-24 Ilya Grishchenko , Matteo Maffei , Clara Schneidewind

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

Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…

Cryptography and Security · Computer Science 2024-11-06 Nodirbek Korchiev , Akash Pateria , Vodelina Samatova , Sogolsadat Mansouri , Kemafor Anyanwu

Smart contracts on a blockchain behave precisely as specified by their code. A vulnerability in this code can lead to unexpected behaviour, which is hard to fix because a blockchain does not allow to change smart contract code after its…

Programming Languages · Computer Science 2019-11-27 Markus Knecht

Smart contracts are immutable, verifiable, and autonomous pieces of code that can be deployed and ran on blockchain networks like Ethereum. Due to the immutability nature of blockchain, no change is possible on a deployed smart contract or…

Software Engineering · Computer Science 2019-12-25 Erfan Andesta , Fathiyeh Faghih , Mahdi Fooladgar