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Please use this identifier to cite or link to this item: http://dspace.icsy.de/handle/123456789/433

Title: BlockChain - Appications for Automated Supply Chains
Authors: Mueller, Paul
Bergsträßer, Sonja
Rizk, Amr
Steinmetz, Ralf
Keywords: Blockchain
smart contracts
Bitcoin
Ethereum
op_codes
Turing complete
supply chains
smart parking
Issue Date: 7-May-2018
Series/Report no.: efl Talk
Abstract: Although the Bitcoin scripting language was designed to support only one application, money transfer, it is also possible to extend it to applications dealing with proof of ownership. Because the Bitcoin stack-based scripting language is very restrictive we need a more general language concept supporting arbitrary business applications. Such a concept was introduced by Ethereum extending this idea by the confluence of decentralized transactions with a Turing-complete contract system. This was realized with the introduction of the Ethereum virtual machine (EVM) which can run almost all computation. In the first part of the talk we will recap some architectural design decisions of the Ethereum blockchain and its relevance to smart contracts. Moreover, we discuss the conceptual differences between the Bitcoin scripting language and Ethereums EVM. In the second part we focus on concrete smart contracts and relevant business opportunities.
URI: http://dspace.icsy.de/handle/123456789/433
Appears in Collections:10: Talks / Vorträge

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