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An overview on smart contracts: Challenges, advances and platforms
Open accessAbstract
Abstract 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 trusted third party. As a result, smart contracts can cut down administration and save services costs, improve the efficiency of business processes and reduce the risks. Although smart contracts are promising to drive the new wave of innovation in business processes, there are a number of challenges to be tackled. This paper presents a survey on smart contracts. We first introduce blockchains and smart contracts. We then present the challenges in smart contracts as well as recent technical advances. We also compare typical smart contract platforms and give a categorization of smart contract applications along with some representative examples.
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Cites
Blockchains and smart contracts for the internet of things
Christidis, K., & Devetsikiotis, M. (2016) · IEEE Access · doi:10.1109/access.2016.2566339 · Cited by 4,552
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Ostrom, E. (2000) · Journal of Economic Perspectives · doi:10.1257/jep.14.3.137 · Cited by 4,195
Blockchain challenges and opportunities: a survey
Zheng, Z., Xie, S., Dai, H. N., Chen, X., & Wang, H. (2018) · International Journal of Web and Grid Services · doi:10.1504/ijwgs.2018.095647 · Cited by 3,651
Self-citationHawk: The Blockchain Model of Cryptography and Privacy-Preserving Smart Contracts
Kosba, A., Miller, A., Shi, E., Wen, Z., & Papamanthou, C. (2016) · 2016 IEEE Symposium on Security and Privacy (SP) · doi:10.1109/sp.2016.55 · Cited by 2,227
A Survey of Attacks on Ethereum Smart Contracts (SoK)
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Crowdbc: a blockchain-based decentralized framework for crowdsourcing
Li, M., Weng, J., Yang, A., Lu, W., Zhang, Y., Hou, L., Liu, J.-N., Xiang, Y., & Deng, R. H. (2019) · IEEE Transactions on Parallel and Distributed Systems · doi:10.1109/tpds.2018.2881735 · Cited by 522
Self-citationSmart contract applications within blockchain technology: a systematic mapping study
Macrinici, D., Cartofeanu, C., & Gao, S. (2018) · Telematics and Informatics · doi:10.1016/j.tele.2018.10.004 · Cited by 458
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Blockchain for internet of things: a survey
Dai, H.-N., Zheng, Z., & Zhang, Y. (2019) · IEEE Internet of Things Journal · doi:10.1109/jiot.2019.2920987 · Cited by 1,246
Self-citationHow should we understand the digital economy in Asia? Critical assessment and research agenda
Li, K., Kim, D. J., Lang, K. R., Kauffman, R. J., & Naldi, M. (2020) · Electronic Commerce Research and Applications · doi:10.1016/j.elerap.2020.101004 · Cited by 404
Wu, Y., Dai, H.-N., & Wang, H. (2021) · IEEE Internet of Things Journal · doi:10.1109/jiot.2020.3025916 · Cited by 323
Self-citationLarge Language Models for Cyber Security: A Systematic Literature Review
Xu, H., Wang, S., Li, N., Wang, K., Zhao, Y., Chen, K., Yu, T., Liu, Y., & Wang, H. (2025) · ACM Transactions on Software Engineering and Methodology · doi:10.1145/3769676 · Cited by 189
Cherbal, S., Zier, A., Hebal, S., Louail, L., & Annane, B. (2024) · The Journal of Supercomputing · doi:10.1007/s11227-023-05616-2 · Cited by 152
Metadata
- Authors
- Zheng, Z., Xie, S., Dai, H.-N., Chen, W., Chen, X., Weng, J., & Imran, M.
- Venue
- Future Generation Computer Systems
- Publisher
- Elsevier BV
- Published
- 2020-04
- Volume
- 105
- Pages
- 475-491
- ISSN
- 0167-739X (ISSN-L)
- OpenAlex
- W2995871203
- Cited by
- 1,197
- References
- 8
- FWCI
- 121.21
- Type
- journal article
- Language
- en
- Open access
- green
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- Zheng, Z., Xie, S., Dai, H.-N., Chen, W., Chen, X., Weng, J., & Imran, M. (2020). An overview on smart contracts: Challenges, advances and platforms. Future Generation Computer Systems. https://doi.org/10.1016/j.future.2019.12.019
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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