@inproceedings{637ac9b67d574d2f9e86bdd84b917d8d,
title = "Distributed and Adversarial Resistant Workflow Execution on the Algorand Blockchain",
abstract = "We provide a practical translation from the Dynamic Condition Response (DCR) process modelling language to the Transaction Execution Approval Language (TEAL) used by the Algorand blockchain. Compared to earlier implementations of business process notations on blockchains, particularly Ethereum, the present implementation is four orders of magnitude cheaper. This translation has the following immediate ramifications: (1) It allows decentralised execution of DCR-specified business processes in the absence of expensive intermediaries (lawyers, brokers) or counterparty risk. (2) It provides a possibly helpful high-level language for implementing business processes on Algorand. (3) It demonstrates that despite the strict limitations on Algorand smart contracts, they are powerful enough to encode models of a modern process notation.",
keywords = "Algorand, Applications of blockchain, Inter-institutional collaboration, Smart contracts",
author = "Yibin Xu and Tijs Slaats and Boris D{\"u}dder and S{\o}ren Debois and Haiqin Wu",
note = "Publisher Copyright: {\textcopyright} 2023, International Financial Cryptography Association.; 3rd Workshop on Coordination of Decentralized Finance, CoDecFin 2022, 2nd Workshop on Decentralized Finance, DeFi 2022, 7th Workshop on Advances in Secure Electronic Voting, VOTING 2022, and 6th Workshop on Trusted Smart Contracts, WTSC 2022, held in Association with the 26th International Conference on Financial Cryptography and Data Security, FC 2022 ; Conference date: 06-05-2022 Through 06-05-2022",
year = "2023",
doi = "10.1007/978-3-031-32415-4\_35",
language = "英语",
isbn = "9783031324147",
series = "Lecture Notes in Computer Science",
publisher = "Springer Science and Business Media Deutschland GmbH",
pages = "583--597",
editor = "Shin{\textquoteright}ichiro Matsuo and Lewis Gudgeon and \{Perez Hernandez\}, Daniel and Sam Werner and Ariah Klages-Mundt and Thomas Haines and Aleksander Essex and Andrea Bracciali and Massimiliano Sala",
booktitle = "Financial Cryptography and Data Security. FC 2022 International Workshops - CoDecFin, DeFi, Voting, WTSC, Revised Selected Papers",
address = "德国",
}