Smart contracts and decentralized finance

K John, L Kogan, F Saleh - Annual Review of Financial …, 2023 - annualreviews.org
We explain the mechanics of smart contracts. We then highlight the benefits of smart
contracts, such as overcoming commitment problems. We also discuss limitations, such as …

Decentralized finance: On blockchain-and smart contract-based financial markets

F Schär - FRB of St. Louis Review, 2021 - papers.ssrn.com
The term decentralized finance (DeFi) refers to an alternative financial infrastructure built on
top of the Ethereum blockchain. DeFi uses smart contracts to create protocols that replicate …

[PDF][PDF] Smart contracts

P De Filippi, C Wray, G Sileno - Internet Policy Review, 2021 - econstor.eu
Smart contracts Page 1 De Filippi, Primavera; Wray, Chris; Sileno, Giovanni Article Smart
contracts Internet Policy Review Provided in Cooperation with: Alexander von Humboldt …

Decentralized finance (DeFi): Transformative potential & associated risks

F Carapella, N Swem - 2022 - papers.ssrn.com
Decentralized finance (DeFi) refers to a set of newly emerging financial products and
services that operate on decentralized platforms using blockchains to record and share data …

Contracts ex machina

K Werbach, N Cornell - Duke lj, 2017 - HeinOnline
Smart contracts are self-executing digital transactions using decentralized cryptographic
mechanisms for enforcement. They were theorized more than twenty years ago, but the …

Hawk: The blockchain model of cryptography and privacy-preserving smart contracts

A Kosba, A Miller, E Shi, Z Wen… - 2016 IEEE symposium …, 2016 - ieeexplore.ieee.org
Emerging smart contract systems over decentralized cryptocurrencies allow mutually
distrustful parties to transact safely without trusted third parties. In the event of contractual …

The oracle problem-an analysis of how blockchain oracles undermine the advantages of decentralized ledger systems

A Egberts - Available at SSRN 3382343, 2017 - papers.ssrn.com
Alongside with the publics' increased interest in cryptocurrencies and decentralized ledgers
comes a considerable number of anticipated use cases for smart contracts. However, most …

Challenges and approaches to regulating decentralized finance

I Salami - 2021 - cambridge.org
Decentralized finance (DeFi) is an ecosystem of financial applications that are built on top of
blockchain networks. DeFi aims to create an open-source, permissionless, and transparent …

[PDF][PDF] Beyond bitcoin: an early overview on smart contracts

P Cuccuru - International Journal of Law and Information …, 2017 - academic.oup.com
The technology underpinning Bitcoin—the blockchain—is acknowledged to offer security,
stability and efficiency to online transactions. After a brief introduction to Bitcoin system, I …

[PDF][PDF] A next-generation smart contract and decentralized application platform

V Buterin - white paper, 2014 - weusecoins.com
When Satoshi Nakamoto first set the Bitcoin blockchain into motion in January 2009, he was
simultaneously introducing two radical and untested concepts. The first is the" bitcoin", a …