Oct. 9, 2023, 1:10 a.m. | Majd Soud, Gísli Hjálmtýsson, Mohammad Hamdaqa

cs.CR updates on arXiv.org arxiv.org

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
blockchain technology and have played a role in its widespread adoption. Smart
contracts are immutable digital programs that are deployed on blockchains to
codify agreements between parties. Existing smart contract implementations have
faced challenges, including security vulnerabilities, leading to significant
losses and concerns. This has stimulated a wave of attempts …

adoption applications authority blockchain contract contracts cryptocurrency digital distributed distributed ledger languages ledger party role smart smart contract smart contracts survey technology third third-party transformation

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