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Lookup NU author(s): Dr Ellis SolaimanORCiD, Dr Ioannis SfyrakisORCiD
This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).
Smart Contracts can be implemented using either centralised or decentralised (blockchain) platforms. However, for a large class of applications, neither of these two alternatives on its own can provide adequate scalability, performance, Quality of Service (QoS), security, and trust requirements. We argue that for many applications, hybrid solutions that combine both On and Off-Blockchain components, are more adequate. In this paper we introduce the design and implementation of a novel hybrid smart contract architecture built using the Ethereum blockchain connected to a centralised smart contract management system developed by us. We then compare and evaluate the implementation of an asset tracking service using 3 different architectures; On-chain, Off-chain, and Hybrid. We demonstrate that using a hybrid architecture, we can substantially improve performance of applications, while retaining security and trust for critical tasks.
Author(s): Solaiman E, Wike T, Sfyrakis I
Publication type: Article
Publication status: Published
Journal: Concurrency and Computation Practice and Experience
Year: 2021
Volume: 33
Issue: 1
Print publication date: 10/01/2021
Online publication date: 13/05/2020
Acceptance date: 27/03/2020
Date deposited: 13/04/2020
ISSN (print): 1532-0626
ISSN (electronic): 1532-0634
Publisher: John Wiley & Sons, Ltd
URL: https://doi.org/10.1002/cpe.5811
DOI: 10.1002/cpe.5811
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