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Smart legal contract and its research progress
With the advancement of blockchain, smart contracts have become increasingly popular. However, the uncertain status by law severely limits their practical applications.
Di WANG+6 more
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A smart contract is a computer program which is automatically executed with some conditional statements such as “if/then”. Since smart contracts can include some vulnerable program codes, smart contract exploit was recently highlighted as ...
Seon-Jin Hwang+3 more
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The Timing of Smart Contract Formation from the Perspective of Iranian, English, and American Law [PDF]
In order to determine the timing of smart contract formation, which is considered a type of electronic contract, the authors initially examine the viewpoint of traditional contract law.
MirHossein Abedian Kalkhoran+1 more
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Design and implementation of a smart-contract voting system based on zero-knowledge proof
As a legally binding computer program, smart contracts are stored on the blockchain and can be automatically executed according to the contract terms.
Hong-jian YIN+4 more
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Smart Contract: Attacks and Protections
Smart contracts are programs that reside within decentralized blockchains and are executed pursuant to triggered instructions. A smart contract acts in a similar way to a traditional agreement but negates the necessity for the involvement of a third ...
Sarwar Sayeed+2 more
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Smart Contract Upgradeability on the Ethereum Blockchain Platform: An Exploratory Study [PDF]
Context: Smart contracts are computerized self-executing contracts that contain clauses, which are enforced once certain conditions are met. Smart contracts are immutable by design and cannot be modified once deployed, which ensures trustlessness. Despite smart contracts' immutability benefits, upgrading contract code is still necessary for bug fixes ...
arxiv
The Design and Implementation of a Secure Datastore Based on Ethereum Smart Contract
In this paper, we present a secure datastore based on an Ethereum smart contract. Our research is guided by three research questions. First, we will explore to what extend a smart-contract-based datastore should resemble a traditional database system ...
Izdehar M. Aldyaflah+3 more
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DEFECTCHECKER: Automated Smart Contract Defect Detection by Analyzing EVM Bytecode [PDF]
Smart contracts are Turing-complete programs running on the blockchain. They are immutable and cannot be modified, even when bugs are detected. Therefore, ensuring smart contracts are bug-free and well-designed before deploying them to the blockchain is extremely important. A contract defect is an error, flaw or fault in a smart contract that causes it
arxiv +1 more source
SmartCon: A Blockchain-Based Framework for Smart Contracts and Transaction Management
A smart contract is known to be useful for automating business processes triggered by specific events caused by IoT sensors, data feeds, or other applications.
Muhammad Muneeb+3 more
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Probabilistic Framework For Loss Distribution Of Smart Contract Risk [PDF]
Smart contract risk can be defined as a financial risk of loss due to cyber attacks on or contagious failures of smart contracts. Its quantification is of paramount importance to technology platform providers as well as companies and individuals when considering the deployment of this new technology. That is why, as our primary contribution, we propose
arxiv