Formal verification of smart contracts from the perspective of concurrency

Meixun Qu, Xin Huang*, Xu Chen, Yi Wang, Xiaofeng Ma, Dawei Liu

*Corresponding author for this work

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

12 Citations (Scopus)

Abstract

Blockchain is an emerging technology with broad applications. As an important application of the blockchain, smart contracts can formulate trading rules to manage thousands of virtual currencies. Nowadays, the IoT (Internet of Things) combined with blockchain has become a new trend and smart contract can implement different transaction demands for IoT-blockchain systems. Once there exits vulnerability in the smart contract program, the security of the virtual currency will not be guaranteed. However, ensuring the security of smart contracts is never an easy task. On the one hand, existing smart contracts cannot identify fake users or malicious programs, which is difficult to be regulated at present; on the other hand, smart contracts involving in multiple trading users are very similar to shared-memory concurrent programs. To deal with these problems, this study uses formal verification methods, adopting the Communicating Sequence Processes (CSP) theory to formally model concurrent programs. Then the FDR (Failure Divergence Refinement), a refinement checker or model checker for CSP, is utilized to successfully detect the vulnerability regarding concurrency in one smart contract public in Ethereum. The results show the potential advantage of using CSP and FDR tool to check the vulnerability in smart contracts especially from the perspective of concurrency.

Original languageEnglish
Title of host publicationSmart Blockchain - 1st International Conference, SmartBlock 2018, Proceedings
EditorsMeikang Qiu
PublisherSpringer Verlag
Pages32-43
Number of pages12
ISBN (Print)9783030057633
DOIs
Publication statusPublished - 2018
Event1st International Conference on Smart Blockchain, SmartBlock 2018 - Tokyo, Japan
Duration: 10 Dec 201812 Dec 2018

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume11373 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference1st International Conference on Smart Blockchain, SmartBlock 2018
Country/TerritoryJapan
CityTokyo
Period10/12/1812/12/18

Keywords

  • Blockchain
  • CSP theory
  • Concurrency
  • FDR
  • Smart contracts

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