2018 IEEE 8th International Symposium on Cloud and Service Computing (SC2) 2018
DOI: 10.1109/sc2.2018.00018
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Implementation of Smart Contracts Using Hybrid Architectures with On and Off–Blockchain Components

Abstract: 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… Show more

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Cited by 42 publications
(47 citation statements)
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References 30 publications
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“…The aim of the SLA-based broker system is to receive the generated machine-readable SLA (SLA offers and SLA requests), and find the best candidate that matches user requirements as a step for automating service provider selection. We are also in the initial stages of investigating the development of an IoT monitoring platform that makes use of novel Blockchain and Smart Contract technology [26] [27].…”
Section: Discussionmentioning
confidence: 99%
“…The aim of the SLA-based broker system is to receive the generated machine-readable SLA (SLA offers and SLA requests), and find the best candidate that matches user requirements as a step for automating service provider selection. We are also in the initial stages of investigating the development of an IoT monitoring platform that makes use of novel Blockchain and Smart Contract technology [26] [27].…”
Section: Discussionmentioning
confidence: 99%
“…As illustrated in Figure 5a, the use of a hybrid architecture solution by combining centralized databases or other data storage systems with blockchain is proposed in many studies [85], [91], [109], [110]. Although some applications focus on designing light-weight data structure to reduce the on-chain data amount [51], [86], the mixture and links of blockchain with other storage systems, such as IPFS, provides a more scalable and sustainable way to deal with the exponential increase of data that most modern storage solutions are facing.…”
Section: Challenges and Potential Solutionsmentioning
confidence: 99%
“…In [10], smart contracts are implemented using hybrid architectures similar to the hybrid-on/off-chain execution model proposed in our work. However, the proposed hybrid architectures in [10] rely on a Trusted Third Party (TTP) as an oracle and thus the architectures are not completely decentralized. In [5], a smart contract system named Arbitrum is developed, where smart contracts are designed to be executed off-chain.…”
Section: Related Workmentioning
confidence: 99%