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Process Channels: A New Layer for Process Enactment Based on Blockchain State Channels. (arXiv:2304.01107v2 [cs.CR] UPDATED)
cs.CR updates on arXiv.org arxiv.org
For the enactment of inter-organizational processes, blockchain can guarantee
the enforcement of process models and the integrity of execution traces.
However, existing solutions come with downsides regarding throughput
scalability, latency, and suboptimal tradeoffs between confidentiality and
transparency. To address these issues, we propose to change the foundation of
blockchain-based process enactment: from on-chain smart contracts to state
channels, an overlay network on top of a blockchain. State channels allow
conducting most transactions off-chain while mostly retaining the core security
properties …
address blockchain confidentiality enforcement guarantee integrity latency process processes scalability solutions state traces transparency