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Blockchain applications may offer better fault-tolerance, integrity, traceability and transparency compared to centralized solutions. Despite these benefits, few businesses switch to blockchain-based applications. Industries worry that the…
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…
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…
Fabric is a modular and extensible open-source system for deploying and operating permissioned blockchains and one of the Hyperledger projects hosted by the Linux Foundation (www.hyperledger.org). Fabric is the first truly extensible…
We examine blockchain technologies, especially smart contracts, as a platform for decentralized applications. By providing a basis for consensus, blockchain promises to upend business models that presuppose a central authority. However,…
A blockchain is a distributed ledger forming a distributed consensus on a history of transactions. It is the underlying technology for the Bitcoin cryptocurrency, but there are many applications beyond the financial sector. With built-in…
Many studies have been done to improve the performance of centrally controlled business processes and enhance the integration between different parties of these collaborations. However, the most serious issues of collaborative business…
Performance and scalability are major concerns for blockchains: permissionless systems are typically limited by slow proof of X consensus algorithms and sequential post-order transaction execution on every node of the network. By…
Blockchain scalability can be complicated and costly. As enterprises begin to adopt blockchain technology to solve business problems, there are valid concerns if blockchain applications can support the transactional demands of production…
Hyperledger Fabric (HLF) is a modular and extensible permissioned blockchain platform released to open-source and hosted by the Linux Foundation. The platform's design exhibits principles required by enterprise grade business applications…
The rise in popularity of permissioned blockchain platforms in recent time is significant. Hyperledger Fabric is one such permissioned blockchain platform and one of the Hyperledger projects hosted by the Linux Foundation. The Fabric…
Blockchain technology and related frameworks have recently received extensive attention. Blockchain systems use multi-party consensus protocols to reach agreements on transactions. Hyperledger Fabric framework exposes a multi-party…
Permissioned blockchain systems promise to provide both decentralized trust and privacy. Hyperledger Fabric is currently one of the most wide-spread permissioned blockchain systems and is heavily promoted both in industry and academia. Due…
Recently, enterprises have paid attention to permissioned blockchain (BC), where business transactions among inter-authorized organizations (forming a consortium) can automatically be executed on the basis of a distributed consensus…
Blockchain technology has piqued the interest of businesses of all types, while consistently improving and adapting to developers and business owners requirements. Therefore, several blockchain platforms have emerged, making it challenging…
Today's blockchains suffer from low throughput and high latency, which impedes their widespread adoption of more complex applications like smart contracts. In this paper, we propose a novel paradigm for smart contract execution. It…
The blockchain constitutes a technology-based, rather than social or regulation based, means to lower uncertainty about one another in order to exchange value. However, its use may very well also lead to increased complexity resulting from…
Trust models are essential components of networks of any nature, as they refer to confidence frameworks to evaluate and verify if their participants act reliably and fairly. They are necessary to any social, organizational, or computer…
Within the last few years, a countless number of blockchain systems have emerged on the market, each one claiming to revolutionize the way of distributed transaction processing in one way or the other. Many blockchain features, such as…
Blockchain, as a distributed ledger technology, becomes more and more popular in both industry and academia. Each peer in blockchain system maintains a copy of ledger and makes sure of data consistency through consensus protocol. Blockchain…