Recently, decentralised (on-blockchain) platforms have emerged to complement centralised (off-blockchain) platforms for the implementation of automated, digital ("smart") contracts. However, neither alternative can individually satisfy the requirements of a large class of applications. On-blockchain platforms suffer from scalability, performance, transaction costs and other limitations. Off-blockchain platforms are afflicted by drawbacks due to their dependence on single trusted third parties. We argue that in several application areas, hybrid platforms composed from the integration of on-and off-blockchain platforms are more able to support smart contracts that deliver the desired quality of service (QoS). Hybrid architectures are largely unexplored. To help cover the gap, in this paper we discuss the implementation of smart contracts on hybrid architectures. As a proof of concept, we show how a smart contract can be split and executed partially on an off-blockchain contract compliance checker and partially on the Rinkeby Ethereum network. To test the solution, we expose it to sequences of contractual operations generated mechanically by a contract validator tool.
In this paper we discuss how conventional business contracts can be converted into smart contracts-their electronic equivalents that can be used to systematically monitor and enforce contractual rights, obligations and prohibitions at run time. We explain that emerging blockchain technology is certainly a promising platform for implementing smart contracts but argue that there is a large class of applications, where blockchain is inadequate due to performance, scalability, and consistency requirements, and also due to language expressiveness and cost issues that are hard to solve. We explain that in some situations a centralised approach that does not rely on blockchain is a better alternative due to its simplicity, scalability, and performance. We suggest that in applications where decentralisation and transparency are essential, developers can advantageously combine the two approaches into hybrid solutions where some operations are enforced by enforcers deployed on-blockchains and the rest by enforcers deployed on trusted third parties.
The utilisation of blockchain has moved beyond digital currency to other fields such as health, the Internet of Things, and education. In this paper, we present a systematic mapping study to collect and analyse relevant research on blockchain technology related to the higher education field. The paper concentrates on two main themes. First, it examines state of the art in blockchain-based applications that have been developed for educational purposes. Second, it summarises the challenges and research gaps that need to be addressed in future studies.
Converting a conventional contract into an electronic equivalent that can be executed and enforced by computers is a challenging task. The difficulties are caused by the ambiguities that the original human-oriented text is likely to contain. The conversion process involves the conversion of the original text into mathematical notation. In this paper we discuss how standard conventional contracts can be described by means of Finite State Machines (FSMs). This mathematical description helps eliminate ambiguities from the original text before the contract is coded into a computer program. The paper describes how to map the rights and obligations extracted from the clauses of the contract into the states, transition and output functions, and input and output symbols of a FSM. The FSM guarantees that the clauses stipulated in the contract are observed when the program that implements the contract is executed. Also, the paper suggests a middleware service required for the enactment of the contract represented as a FSM. Keywords
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