Formal Modeling of Smart Contract-based Trading System

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    5 Citations (Scopus)

    Abstract

    With the development of blockchain technology, the fields of use of smart contracts are diversifying. Blockchain-based smart contracts are suitable in areas where integrity and transparency must be guaranteed with distributed ledger technology as the core. However, once the system is deployed, it cannot be modified, so it is important to ensure that the system works with the requirements and principles of the smart contract at the design stage. Therefore, in this paper, we aim to show that the system is accurate without contradictions/errors through formal verification using UPPAAL, a formal verification tool for the public descending auction system (Dutch Auction).

    Original languageEnglish
    Title of host publication24th International Conference on Advanced Communication Technology
    Subtitle of host publicationArtificial Intelligence Technologies toward Cybersecurity!!, ICACT 2022 - Proceedings
    PublisherInstitute of Electrical and Electronics Engineers Inc.
    Pages48-52
    Number of pages5
    ISBN (Electronic)9791188428090
    DOIs
    Publication statusPublished - 2022
    Event24th International Conference on Advanced Communication Technology, ICACT 2022 - Virtual, Online, Korea, Republic of
    Duration: 2022 Feb 132022 Feb 16

    Publication series

    NameInternational Conference on Advanced Communication Technology, ICACT
    Volume2022-February
    ISSN (Print)1738-9445

    Conference

    Conference24th International Conference on Advanced Communication Technology, ICACT 2022
    Country/TerritoryKorea, Republic of
    CityVirtual, Online
    Period22/2/1322/2/16

    Bibliographical note

    Publisher Copyright:
    © 2022 Global IT Research Institute-GiRI.

    Keywords

    • Blockchain
    • Formal Specification
    • Formal Verification
    • Model Checking
    • Smart Contract

    ASJC Scopus subject areas

    • Electrical and Electronic Engineering

    Fingerprint

    Dive into the research topics of 'Formal Modeling of Smart Contract-based Trading System'. Together they form a unique fingerprint.

    Cite this