Clack is Joint Field Chief Editor for the research journal Frontiers in Blockchain. Recent publications from Frontiers in Blockchain are given below:
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Comparative evaluation of active learning, random sampling, and deep learning for smart contract vulnerability detection
Comparative evaluation of active learning, random sampling, and deep learning for smart contract vulnerability detection
IntroductionSmart contracts are widely used to automate blockchain-based transactions and decentralised services, but vulnerabilities in their code can expose users and systems to financial loss, service disruption, and security compromise. Detecting vulnerable smart contracts remains challenging because reliable labelling often requires expert analysis, which makes fully labelled datasets costly to produce.MethodsThis study investigates whether uncertainty-based active learning can reduce the labelling requirements for smart contract vulnerability detection using machine-learning classifiers. The BCCC-VulSCs-2023 dataset, containing 36,670 smart contract samples with 73 raw feature columns and a binary vulnerability label, was used for model development and evaluation. The dataset was preprocessed by removing constant and irrelevant columns, handling missing values, class balancing via SMOTE, an 80/20 train-test split, SelectKBest feature selection (top 14 features), and numerical feature normalisation. Random Forest, XGBoost, and CatBoost classifiers were evaluated under three conditions: uncertainty-based active learning, a random-sampling baseline with an identical labelling schedule, and a fully supervised baseline trained on the complete training set. LSTM, DNN, and GRU models were implemented as deep learning baselines.ResultsUnder a fixed labelling budget (1,000 initial samples plus 4,000 samples queried per iteration over 10 iterations, totaling 41,000 of 43,062 available training labels), Random Forest and CatBoost with active learning achieved the strongest performance (73.7% and 73.9% test accuracy, respectively), outperforming XGBoost with active learning (69.1% accuracy) and all three deep learning baselines (66.7%–68.2% accuracy). However, under this budget, active learning showed no consistent advantage over the random-sampling baseline: test accuracy differed by less than 0.3 percentage points between active learning and random sampling across all three classifiers, and both approached the accuracy of the fully supervised baseline trained on the complete label set.DiscussionThese findings indicate that ensemble-based classifiers (Random Forest, CatBoost) are better suited to this structured smart contract feature representation than the evaluated deep learning baselines. However, at the labelling budget evaluated in this study, uncertainty-based active learning did not provide a measurable advantage over random sampling, suggesting that its benefit, if present, may only emerge at smaller labelling budgets than those tested here. -
Blockchain-based regulatory assurance for sanctions-exposed electricity procurement in post-conflict markets
Blockchain-based regulatory assurance for sanctions-exposed electricity procurement in post-conflict markets
Electricity procurement in post-conflict settings faces serious legal and financial pressure, especially when markets operate under sanctions and weak institutional control. Reconstruction requires fast contracting for fuel supply, repair works, and grid recovery, yet these processes often lack strong oversight and trusted payment systems. Existing studies discuss blockchain applications in energy, but they give less attention to how legal recognition and regulatory assurance can be supported in procurement affected by jurisdiction-specific sanctions regimes. This gap creates uncertainty for investors, regulators, and contractors, where compliance risks and payment delays can stop essential projects. The study is motivated by this challenge, focusing on how a structured legal framework can support secure and accountable procurement processes. The aim of this research is to develop a framework that connects blockchain records with legal and regulatory systems so that procurement actions and contract milestones can be documented, reviewed, and more readily relied upon in oversight and dispute processes. The study explains how ledger entries can function as evidence, how responsibilities are assigned, and how dispute processes can rely on these records. This research is important because it offers a clear model to support trust, reduce risks, and improve financial flows in electricity markets recovering from conflict while respecting legal limits, confidentiality requirements, and data-protection concerns. As a conceptual and jurisdiction-neutral framework, the study does not claim uniform legal recognition or empirical effectiveness across jurisdictions; rather, its application requires validation against jurisdiction-specific legal rules, institutional capacities, and sanctions regimes. -
Equity by design as a sustainability multiplier in the citiverse: an empirical proof-of-concept
Equity by design as a sustainability multiplier in the citiverse: an empirical proof-of-concept
IntroductionCitiverse deployments and smart-city systems (e.g., converging artificial intelligence, digital twins, extended reality, IoT, and blockchain within urban governance) are scaling rapidly, yet the equity architecture embedded in their design remains unexamined. Whereas sustainability governance scholarship has treated equity chiefly as a normative outcome, this paper theorizes it instead as a structural design property: a performance multiplier embedded in socio-technical architecture. It extends the System Design and Technology Equity Nexus frameworks to the Citiverse and asks whether equity design quality is independently associated with sustainability performance, across dimensions formally independent of equity by design.MethodsThe paper draws on the ITU/UNICC/Digital Dubai Citiverse Use Case Taxonomy, the leading United Nations initiative in this domain. It develops two original instruments: the Citiverse Sustainability Impact Index (CSII) and the Equity Design Quality (EDQ) rubric. These are applied across 44 use cases, with their relationship tested through frequentist OLS using a three-specification identification strategy, together with a Monte Carlo measurement-uncertainty analysis.ResultsThe results offer conditional proof-of-concept support for the central hypothesis. Equity design quality carries independent predictive power over non-equity sustainability performance. This relationship is multiplicative rather than additive once technology richness is accounted for. At this sample size, implementation maturity is the dominant structural predictor.DiscussionThese findings are proof-of-concept rather than causal; causal inference will require longitudinal data. The measurement infrastructure introduced here, the CSII and EDQ rubric, is designed to scale with future documentation and to serve as a replicable basis for tracking the equity design gap over time. -
Blockchain in emerging higher education systems: a TOE-based framework for adoption informed by faculty evidence from Jordan
Blockchain in emerging higher education systems: a TOE-based framework for adoption informed by faculty evidence from Jordan
IntroductionBlockchain is increasingly discussed in higher education both as curriculum content and as infrastructure for digital credentials and student records. However, empirical evidence from emerging higher education systems remains limited. This study investigates the factors shaping blockchain adoption in Jordanian higher education and develops an empirically informed Technology–Organization–Environment (TOE)-based framework.MethodsA cross-sectional survey was conducted among 170 faculty members from public and private universities in Jordan. The survey examined current and planned blockchain-related teaching, perceived adoption barriers, and institutional support priorities. The resulting framework was subjected to initial content validation by an expert panel of 12 participants.ResultsOnly 11.8% of respondents reported currently teaching blockchain-related content, whereas 64.7% planned to introduce it during the following academic year. The principal barriers were a lack of high-quality textbooks and case studies (41.2%), limited time for specialized training (23.5%), and inadequate laboratory or software infrastructure (17.6%). Faculty most frequently prioritized pedagogical workshops and industry partnerships, with each selected by 35.3% of respondents. Based on these findings, the study developed a five-dimensional TOE-based framework encompassing strategy, governance, infrastructure, curriculum integration, and stakeholder capacity. Expert validation identified governance and regulatory issues, together with stakeholder capacity, as the main near-term bottlenecks.DiscussionThe findings indicate substantial faculty interest in blockchain education but limited institutional readiness to support its adoption. The proposed framework provides an evidence-informed roadmap for aligning faculty development, curriculum planning, infrastructure investment, governance, and industry engagement in Jordanian higher education. - Editorial: Blockchain and tokenomics for sustainable development, volume II
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AI-based context-aware data anonymization with federated adaptive differential privacy for IoT applications
AI-based context-aware data anonymization with federated adaptive differential privacy for IoT applications
The rapid growth of Internet of Things (IoT)-based healthcare systems has raised significant concerns regarding data privacy and security. Ensuring privacy while maintaining the utility of healthcare data remains a major challenge in IoT-enabled healthcare environments. This article proposes a novel data anonymization framework based on federated learning and adaptive differential privacy. Initially, IoT healthcare data are processed using a residual bidirectional gated recurrent unit (Res-BiGRU) model to capture contextual and privacy-related features. Subsequently, an adaptive differential privacy mechanism is applied to minimize information loss while ensuring strong privacy protection. To improve optimization performance, a modified Resilient Adaptive Apiary Organizational Optimization Algorithm (RAOOA) incorporating a fitness-based adaptive factor is introduced to enhance convergence stability and solution quality. The effectiveness of the proposed framework is evaluated using a healthcare dataset. The proposed approach demonstrates superior performance compared with existing methods in terms of computation time, information loss, and privacy risk. The results indicate that the proposed framework provides an efficient and scalable solution for privacy-preserving IoT healthcare data management while achieving an improved balance between data utility, computational efficiency, and privacy protection. -
TOAD-ML: a trust-aware framework for validating oracle price feeds and detecting manipulation in decentralized finance
TOAD-ML: a trust-aware framework for validating oracle price feeds and detecting manipulation in decentralized finance
IntroductionDecentralized finance (DeFi) applications depend on external oracle networks to obtain asset prices that drive core financial operations, including lending, collateral management, and automated liquidations. Oracle systems remain vulnerable to manipulation through coordinated strategies such as flash loan attacks and temporary price distortions in low-liquidity markets. Although several studies have addressed oracle manipulation, most existing approaches rely on single-source validation or detect attacks only after malicious activity has occurred, and few provide a continuous quantitative measure of oracle data trustworthiness.MethodsThis study proposes TOAD-ML, a trust-aware machine learning framework that evaluates the reliability of decentralized oracle price feeds using multi-source validation. TOAD-ML integrates data from five sources: labeled oracle attack events from DeFiHackLabs, CoinGecko historical market prices, Chainlink on-chain oracle rounds, Uniswap V3 TWAP pool data, and DeFiLlama multi-token aggregated prices. An XGBoost classifier is trained on engineered cross-source deviation and temporal features, augmented by a trust-calibration layer that produces a binary anomaly label and a continuous trust score bounded in [0,1]. The model is trained on 19 months of oracle price data encompassing four distinct, well-documented oracle hacks covering approximately 60 days of attack periods.ResultsExtensive empirical evaluation demonstrates 96.72% accuracy in identifying oracle price anomalies, with an AUC-ROC of 0.97. Ablation studies show performance reductions of 5.27% when multi-source fusion is removed and 3.84% when the trust-scoring layer is removed. TOAD-ML outperforms the baseline models: SVM (88.42%), Random Forest (91.76%), and standalone XGBoost (93.85%). These values are consistent with the reported experimental results.DiscussionIn case-study evaluation on documented oracle attacks, In the documented case studies, TOAD-ML signalled suspicious oracle behaviour before corresponding token price crashes. The framework provides early-warning capability, continuous trust quantification, and interpretable anomaly detection, supporting reliability-aware monitoring of DeFi oracle price feeds. The manuscript does not report an independent quantitative detection-latency benchmark; latency evaluation is identified as future work. -
GasGAT: a graph attention network framework for smart contract gas optimization
GasGAT: a graph attention network framework for smart contract gas optimization
IntroductionThe optimization of gas consumption in Ethereum smart contracts is critical for enhancing the economic viability, scalability, and security of blockchain applications. Existing tools, however, are largely limited to static heuristics or local pattern matching, failing to capture the complex, non-local dependencies that drive gas inefficiency.MethodsTo address this limitation, this paper introduces GasGAT, a deep learning framework that models smart contracts as semantic graphs and leverages a Graph Attention Network (GAT) to detect gas-intensive code patterns. By capturing intricate dependencies between functions, state variables, and control flows, GasGAT is able to identify non-local and inter-procedural inefficiencies that are often missed by rule-based or purely local static analysis tools. Unlike existing approaches, which focus primarily on local code patterns or rule-based detection, GasGAT explicitly reasons about long-range execution paths within smart contracts. We evaluate our method on a dataset of 40,000 verified Ethereum smart contracts (Solidity ≥0.8.0, labeled via Slither static analysis), including both a polarized subset (excluding ambiguous cases) and a full, non-filtered setting.ResultsUnder 5-fold cross-validation, GasGAT achieves an accuracy of 94.92% (±1.04%) and a macro F1-score of 88.69% (±2.70%), with a McNemar statistic of 633.12 (p ≪ 0.05) confirming statistical significance. Crucially, GasGAT is the only model whose performance remains stable when correlated node features are removed (Δ = 0.00%), demonstrating that its attention mechanism learns genuine structural patterns rather than label-feature correlations.DiscussionThe primary contribution of GasGAT lies not in marginal accuracy improvements, but in its ability to provide interpretable, structural insights through attention mechanisms. This represents a paradigm shift from traditional detection methods toward explainable, graph-based reasoning for gas optimization, enabling developers to design more efficient, scalable, and secure decentralized applications. -
The effect of blockchain technology on international trade in South Africa
The effect of blockchain technology on international trade in South Africa
Blockchain technology has transformed international trade. Despite its beneficial potential in promoting international trade, blockchain technology is not a universal solution for all nations, as it affects global governance of trade activities. It is vital to know how blockchain technology affect international trade in developing nations. Therefore, the main objective of this study is to investigate the impact of blockchain technology on international trade in South Africa using quarterly time series data from 2013Q1 to 2024Q4. The autoregressive distributed lag (ARDL) and nonlinear autoregressive distributed lag (NARDL) approaches were used to analyse. The study found that blockchain technology positively affects international trade. This demonstrates that blockchain technology is effective in facilitating international trade transactions in South Africa. Regarding the nonlinear effects, the study reveals that positive change in blockchain technology has a positive impact on international trade, while negative change has a negative insignificant impact. Moreover, the study found that these effects are nonlinear in the long run. The study also found that inflation, FDI, exchange rate and GDP have a positive impact on international trade in South Africa. This study recommends that policymakers should promote the implementation of blockchain technology in international trade by creating supportive regulatory policies and investments in blockchain infrastructure. The implementation of supportive regulatory policies and investment in blockchain infrastructure could improve the level of South African international trade. The major contribution of this study was to provide a data-driven empirical analysis on the impact of blockchain technology on international trade at the country-specific level. -
The role of investor trust in mediating the impact of perceived blockchain integration on perceived stock market efficiency: evidence from the amman stock exchange
The role of investor trust in mediating the impact of perceived blockchain integration on perceived stock market efficiency: evidence from the amman stock exchange
This study examines the mediating role of investor trust in the relationship between perceived blockchain integration and perceived stock market efficiency within the Amman Stock Exchange (ASE). The Amman Stock Exchange (ASE), established in 1999, is the sole securities exchange in Jordan and one of the leading emerging markets in the Middle East and North Africa (MENA) region. Drawing on technology acceptance theory, trust theory, and market efficiency theory, the research develops and tests a dual-pathway model wherein perceived blockchain integration relates to perceived market efficiency both directly and indirectly through investor trust. Using structural equation modeling with data collected from 400 market participants, the findings reveal that perceived blockchain integration is significantly and positively associated with investor trust (β = 0.849, p < 0.001) and with perceived stock market efficiency (β = 0.448, p < 0.001). Importantly, investor trust partially mediates this relationship (β = 0.380, p < 0.001), confirming the dual-pathway impact. Among blockchain dimensions, security demonstrates the strongest effect on both investor trust and market efficiency. The study contributes to the emerging literature on blockchain in financial markets by empirically validating the psychological mechanisms through which technological innovations translate into more favorable perceptions of market functioning. For market regulators and exchange administrators, the findings suggest that comprehensive blockchain implementation strategies should address both technological deployment and trust-building initiatives to strengthen favorable investor perceptions of market efficiency in emerging markets.
Comparative evaluation of active learning, random sampling, and deep learning for smart contract vulnerability detection
IntroductionSmart contracts are widely used to automate blockchain-based transactions and decentralised services, but vulnerabilities in their code can expose users and systems to financial loss, service disruption, and security compromise. Detecting vulnerable smart contracts remains challenging because reliable labelling often requires expert analysis, which makes fully labelled datasets costly to produce.MethodsThis study investigates whether uncertainty-based active learning can reduce the labelling requirements for smart contract vulnerability detection using machine-learning classifiers. The BCCC-VulSCs-2023 dataset, containing 36,670 smart contract samples with 73 raw feature columns and a binary vulnerability label, was used for model development and evaluation. The dataset was preprocessed by removing constant and irrelevant columns, handling missing values, class balancing via SMOTE, an 80/20 train-test split, SelectKBest feature selection (top 14 features), and numerical feature normalisation. Random Forest, XGBoost, and CatBoost classifiers were evaluated under three conditions: uncertainty-based active learning, a random-sampling baseline with an identical labelling schedule, and a fully supervised baseline trained on the complete training set. LSTM, DNN, and GRU models were implemented as deep learning baselines.ResultsUnder a fixed labelling budget (1,000 initial samples plus 4,000 samples queried per iteration over 10 iterations, totaling 41,000 of 43,062 available training labels), Random Forest and CatBoost with active learning achieved the strongest performance (73.7% and 73.9% test accuracy, respectively), outperforming XGBoost with active learning (69.1% accuracy) and all three deep learning baselines (66.7%–68.2% accuracy). However, under this budget, active learning showed no consistent advantage over the random-sampling baseline: test accuracy differed by less than 0.3 percentage points between active learning and random sampling across all three classifiers, and both approached the accuracy of the fully supervised baseline trained on the complete label set.DiscussionThese findings indicate that ensemble-based classifiers (Random Forest, CatBoost) are better suited to this structured smart contract feature representation than the evaluated deep learning baselines. However, at the labelling budget evaluated in this study, uncertainty-based active learning did not provide a measurable advantage over random sampling, suggesting that its benefit, if present, may only emerge at smaller labelling budgets than those tested here.
Blockchain-based regulatory assurance for sanctions-exposed electricity procurement in post-conflict markets
Electricity procurement in post-conflict settings faces serious legal and financial pressure, especially when markets operate under sanctions and weak institutional control. Reconstruction requires fast contracting for fuel supply, repair works, and grid recovery, yet these processes often lack strong oversight and trusted payment systems. Existing studies discuss blockchain applications in energy, but they give less attention to how legal recognition and regulatory assurance can be supported in procurement affected by jurisdiction-specific sanctions regimes. This gap creates uncertainty for investors, regulators, and contractors, where compliance risks and payment delays can stop essential projects. The study is motivated by this challenge, focusing on how a structured legal framework can support secure and accountable procurement processes. The aim of this research is to develop a framework that connects blockchain records with legal and regulatory systems so that procurement actions and contract milestones can be documented, reviewed, and more readily relied upon in oversight and dispute processes. The study explains how ledger entries can function as evidence, how responsibilities are assigned, and how dispute processes can rely on these records. This research is important because it offers a clear model to support trust, reduce risks, and improve financial flows in electricity markets recovering from conflict while respecting legal limits, confidentiality requirements, and data-protection concerns. As a conceptual and jurisdiction-neutral framework, the study does not claim uniform legal recognition or empirical effectiveness across jurisdictions; rather, its application requires validation against jurisdiction-specific legal rules, institutional capacities, and sanctions regimes.
Equity by design as a sustainability multiplier in the citiverse: an empirical proof-of-concept
IntroductionCitiverse deployments and smart-city systems (e.g., converging artificial intelligence, digital twins, extended reality, IoT, and blockchain within urban governance) are scaling rapidly, yet the equity architecture embedded in their design remains unexamined. Whereas sustainability governance scholarship has treated equity chiefly as a normative outcome, this paper theorizes it instead as a structural design property: a performance multiplier embedded in socio-technical architecture. It extends the System Design and Technology Equity Nexus frameworks to the Citiverse and asks whether equity design quality is independently associated with sustainability performance, across dimensions formally independent of equity by design.MethodsThe paper draws on the ITU/UNICC/Digital Dubai Citiverse Use Case Taxonomy, the leading United Nations initiative in this domain. It develops two original instruments: the Citiverse Sustainability Impact Index (CSII) and the Equity Design Quality (EDQ) rubric. These are applied across 44 use cases, with their relationship tested through frequentist OLS using a three-specification identification strategy, together with a Monte Carlo measurement-uncertainty analysis.ResultsThe results offer conditional proof-of-concept support for the central hypothesis. Equity design quality carries independent predictive power over non-equity sustainability performance. This relationship is multiplicative rather than additive once technology richness is accounted for. At this sample size, implementation maturity is the dominant structural predictor.DiscussionThese findings are proof-of-concept rather than causal; causal inference will require longitudinal data. The measurement infrastructure introduced here, the CSII and EDQ rubric, is designed to scale with future documentation and to serve as a replicable basis for tracking the equity design gap over time.
Blockchain in emerging higher education systems: a TOE-based framework for adoption informed by faculty evidence from Jordan
IntroductionBlockchain is increasingly discussed in higher education both as curriculum content and as infrastructure for digital credentials and student records. However, empirical evidence from emerging higher education systems remains limited. This study investigates the factors shaping blockchain adoption in Jordanian higher education and develops an empirically informed Technology–Organization–Environment (TOE)-based framework.MethodsA cross-sectional survey was conducted among 170 faculty members from public and private universities in Jordan. The survey examined current and planned blockchain-related teaching, perceived adoption barriers, and institutional support priorities. The resulting framework was subjected to initial content validation by an expert panel of 12 participants.ResultsOnly 11.8% of respondents reported currently teaching blockchain-related content, whereas 64.7% planned to introduce it during the following academic year. The principal barriers were a lack of high-quality textbooks and case studies (41.2%), limited time for specialized training (23.5%), and inadequate laboratory or software infrastructure (17.6%). Faculty most frequently prioritized pedagogical workshops and industry partnerships, with each selected by 35.3% of respondents. Based on these findings, the study developed a five-dimensional TOE-based framework encompassing strategy, governance, infrastructure, curriculum integration, and stakeholder capacity. Expert validation identified governance and regulatory issues, together with stakeholder capacity, as the main near-term bottlenecks.DiscussionThe findings indicate substantial faculty interest in blockchain education but limited institutional readiness to support its adoption. The proposed framework provides an evidence-informed roadmap for aligning faculty development, curriculum planning, infrastructure investment, governance, and industry engagement in Jordanian higher education.
AI-based context-aware data anonymization with federated adaptive differential privacy for IoT applications
The rapid growth of Internet of Things (IoT)-based healthcare systems has raised significant concerns regarding data privacy and security. Ensuring privacy while maintaining the utility of healthcare data remains a major challenge in IoT-enabled healthcare environments. This article proposes a novel data anonymization framework based on federated learning and adaptive differential privacy. Initially, IoT healthcare data are processed using a residual bidirectional gated recurrent unit (Res-BiGRU) model to capture contextual and privacy-related features. Subsequently, an adaptive differential privacy mechanism is applied to minimize information loss while ensuring strong privacy protection. To improve optimization performance, a modified Resilient Adaptive Apiary Organizational Optimization Algorithm (RAOOA) incorporating a fitness-based adaptive factor is introduced to enhance convergence stability and solution quality. The effectiveness of the proposed framework is evaluated using a healthcare dataset. The proposed approach demonstrates superior performance compared with existing methods in terms of computation time, information loss, and privacy risk. The results indicate that the proposed framework provides an efficient and scalable solution for privacy-preserving IoT healthcare data management while achieving an improved balance between data utility, computational efficiency, and privacy protection.
TOAD-ML: a trust-aware framework for validating oracle price feeds and detecting manipulation in decentralized finance
IntroductionDecentralized finance (DeFi) applications depend on external oracle networks to obtain asset prices that drive core financial operations, including lending, collateral management, and automated liquidations. Oracle systems remain vulnerable to manipulation through coordinated strategies such as flash loan attacks and temporary price distortions in low-liquidity markets. Although several studies have addressed oracle manipulation, most existing approaches rely on single-source validation or detect attacks only after malicious activity has occurred, and few provide a continuous quantitative measure of oracle data trustworthiness.MethodsThis study proposes TOAD-ML, a trust-aware machine learning framework that evaluates the reliability of decentralized oracle price feeds using multi-source validation. TOAD-ML integrates data from five sources: labeled oracle attack events from DeFiHackLabs, CoinGecko historical market prices, Chainlink on-chain oracle rounds, Uniswap V3 TWAP pool data, and DeFiLlama multi-token aggregated prices. An XGBoost classifier is trained on engineered cross-source deviation and temporal features, augmented by a trust-calibration layer that produces a binary anomaly label and a continuous trust score bounded in [0,1]. The model is trained on 19 months of oracle price data encompassing four distinct, well-documented oracle hacks covering approximately 60 days of attack periods.ResultsExtensive empirical evaluation demonstrates 96.72% accuracy in identifying oracle price anomalies, with an AUC-ROC of 0.97. Ablation studies show performance reductions of 5.27% when multi-source fusion is removed and 3.84% when the trust-scoring layer is removed. TOAD-ML outperforms the baseline models: SVM (88.42%), Random Forest (91.76%), and standalone XGBoost (93.85%). These values are consistent with the reported experimental results.DiscussionIn case-study evaluation on documented oracle attacks, In the documented case studies, TOAD-ML signalled suspicious oracle behaviour before corresponding token price crashes. The framework provides early-warning capability, continuous trust quantification, and interpretable anomaly detection, supporting reliability-aware monitoring of DeFi oracle price feeds. The manuscript does not report an independent quantitative detection-latency benchmark; latency evaluation is identified as future work.
GasGAT: a graph attention network framework for smart contract gas optimization
IntroductionThe optimization of gas consumption in Ethereum smart contracts is critical for enhancing the economic viability, scalability, and security of blockchain applications. Existing tools, however, are largely limited to static heuristics or local pattern matching, failing to capture the complex, non-local dependencies that drive gas inefficiency.MethodsTo address this limitation, this paper introduces GasGAT, a deep learning framework that models smart contracts as semantic graphs and leverages a Graph Attention Network (GAT) to detect gas-intensive code patterns. By capturing intricate dependencies between functions, state variables, and control flows, GasGAT is able to identify non-local and inter-procedural inefficiencies that are often missed by rule-based or purely local static analysis tools. Unlike existing approaches, which focus primarily on local code patterns or rule-based detection, GasGAT explicitly reasons about long-range execution paths within smart contracts. We evaluate our method on a dataset of 40,000 verified Ethereum smart contracts (Solidity ≥0.8.0, labeled via Slither static analysis), including both a polarized subset (excluding ambiguous cases) and a full, non-filtered setting.ResultsUnder 5-fold cross-validation, GasGAT achieves an accuracy of 94.92% (±1.04%) and a macro F1-score of 88.69% (±2.70%), with a McNemar statistic of 633.12 (p ≪ 0.05) confirming statistical significance. Crucially, GasGAT is the only model whose performance remains stable when correlated node features are removed (Δ = 0.00%), demonstrating that its attention mechanism learns genuine structural patterns rather than label-feature correlations.DiscussionThe primary contribution of GasGAT lies not in marginal accuracy improvements, but in its ability to provide interpretable, structural insights through attention mechanisms. This represents a paradigm shift from traditional detection methods toward explainable, graph-based reasoning for gas optimization, enabling developers to design more efficient, scalable, and secure decentralized applications.
The effect of blockchain technology on international trade in South Africa
Blockchain technology has transformed international trade. Despite its beneficial potential in promoting international trade, blockchain technology is not a universal solution for all nations, as it affects global governance of trade activities. It is vital to know how blockchain technology affect international trade in developing nations. Therefore, the main objective of this study is to investigate the impact of blockchain technology on international trade in South Africa using quarterly time series data from 2013Q1 to 2024Q4. The autoregressive distributed lag (ARDL) and nonlinear autoregressive distributed lag (NARDL) approaches were used to analyse. The study found that blockchain technology positively affects international trade. This demonstrates that blockchain technology is effective in facilitating international trade transactions in South Africa. Regarding the nonlinear effects, the study reveals that positive change in blockchain technology has a positive impact on international trade, while negative change has a negative insignificant impact. Moreover, the study found that these effects are nonlinear in the long run. The study also found that inflation, FDI, exchange rate and GDP have a positive impact on international trade in South Africa. This study recommends that policymakers should promote the implementation of blockchain technology in international trade by creating supportive regulatory policies and investments in blockchain infrastructure. The implementation of supportive regulatory policies and investment in blockchain infrastructure could improve the level of South African international trade. The major contribution of this study was to provide a data-driven empirical analysis on the impact of blockchain technology on international trade at the country-specific level.
The role of investor trust in mediating the impact of perceived blockchain integration on perceived stock market efficiency: evidence from the amman stock exchange
This study examines the mediating role of investor trust in the relationship between perceived blockchain integration and perceived stock market efficiency within the Amman Stock Exchange (ASE). The Amman Stock Exchange (ASE), established in 1999, is the sole securities exchange in Jordan and one of the leading emerging markets in the Middle East and North Africa (MENA) region. Drawing on technology acceptance theory, trust theory, and market efficiency theory, the research develops and tests a dual-pathway model wherein perceived blockchain integration relates to perceived market efficiency both directly and indirectly through investor trust. Using structural equation modeling with data collected from 400 market participants, the findings reveal that perceived blockchain integration is significantly and positively associated with investor trust (β = 0.849, p < 0.001) and with perceived stock market efficiency (β = 0.448, p < 0.001). Importantly, investor trust partially mediates this relationship (β = 0.380, p < 0.001), confirming the dual-pathway impact. Among blockchain dimensions, security demonstrates the strongest effect on both investor trust and market efficiency. The study contributes to the emerging literature on blockchain in financial markets by empirically validating the psychological mechanisms through which technological innovations translate into more favorable perceptions of market functioning. For market regulators and exchange administrators, the findings suggest that comprehensive blockchain implementation strategies should address both technological deployment and trust-building initiatives to strengthen favorable investor perceptions of market efficiency in emerging markets.