Strategic Contracting for Software Upgrade Outsourcing in Industry 4.0

The advent of Industry 4.0 has compelled businesses to adopt digital approaches that combine software toenhance production efficiency. In this rapidly evolving market, software development is an ongoing process thatmust be tailored to meet the dynamic needs of enterprises. However, internal research and development can beprohibitively expensive, driving many enterprises to outsource software development and upgrades to externalservice providers. This paper presents a software upgrade outsourcing model for enterprises and service providersthat accounts for the impact of market fluctuations on software adaptability. To mitigate the risk of adverseselection due to asymmetric information about the service provider’s cost and asymmetric information aboutthe enterprise’s revenues, we propose pay-per-time and revenue-sharing contracts in two distinct informationasymmetry scenarios. These two contracts specify the time and transfer payments for software upgrades. Througha comparative analysis of the optimal solutions under the two contracts and centralized decision-making withfull-information, we examine the characteristics of the solutions under two information asymmetry scenarios andanalyze the incentive effects of the two contracts on the various stakeholders. Overall, our study offers valuableinsights for firms seeking to optimize their outsourcing strategies and maximize their returns on investment insoftware upgrades.

Contract Mechanism of Water Environment Regulation for Small and Medium Sized Enterprises Based on Optimal Control Theory

The small and scattered enterprise pattern in the county economy has formed numerous sporadic pollution sources, hindering the centralized treatment of the water environment, increasing the cost and difficulty of treatment. How enterprises can make reasonable decisions on their water environment behavior based on the external environment and their own factors is of great significance for scientifically and effectively designing water environment regulation mechanisms. Based on optimal control theory, this study investigates the design of contractual mechanisms for water environmental regulation for small and medium-sized enterprises. The enterprise is regarded as an independent economic entity that can adopt optimal control strategies to maximize its own interests. Based on the participation of multiple subjects including the government, enterprises, and the public, an optimal control strategy model for enterprises under contractual water environmental regulation is constructed using optimal control theory, and a method for calculating the amount of unit pollutant penalties is derived. The water pollutant treatment cost data of a paper company is selected to conduct empirical numerical analysis on the model. The results show that the increase in the probability of government regulation and public participation, as well as the decrease in local government protection for enterprises, can achieve the same regulatory effect while reducing the number of administrative penalties per unit. Finally, the implementation process of contractual water environmental regulation for small and medium-sized enterprises is designed.

Bipartite consensus problems of Lurie multi-agent systems over signed graphs: A contraction approach

This paper examines the bipartite consensus problems for the nonlinear multi-agent systems in Lurie dynamics form with cooperative and competitive communication between different agents. Based on the contraction theory, some new conditions for the nonlinear Lurie multi-agent systems reaching bipartite leaderless consensus and bipartite tracking consensus are presented. Compared with the traditional methods, this approach degrades the dimensions of the conditions, eliminates some restrictions of the system matrix, and extends the range of the nonlinear function. Finally, two numerical examples are provided to illustrate the efficiency of our results.

Smart Contract Vulnerability Detection Method Based on Feature Graph and Multiple Attention Mechanisms

The fast-paced development of blockchain technology is evident.Yet,the security concerns of smart contracts represent a significant challenge to the stability and dependability of the entire blockchain ecosystem.Conventional smart contract vulnerability detection primarily relies on static analysis tools,which are less efficient and accurate.Although deep learning methods have improved detection efficiency,they are unable to fully utilize the static relationships within contracts.Therefore,we have adopted the advantages of the above two methods,combining feature extraction mode of tools with deep learning techniques.Firstly,we have constructed corresponding feature extraction mode for different vulnerabilities,which are used to extract feature graphs from the source code of smart contracts.Then,the node features in feature graphs are fed into a graph convolutional neural network for training,and the edge features are processed using a method that combines attentionmechanismwith gated units.Ultimately,the revised node features and edge features are concatenated through amulti-head attentionmechanism.The result of the splicing is a global representation of the entire feature graph.Our method was tested on three types of data:Timestamp vulnerabilities,reentrancy vulnerabilities,and access control vulnerabilities,where the F1 score of our method reaches 84.63%,92.55%,and 61.36%.The results indicate that our method surpasses most others in detecting smart contract vulnerabilities.

A Review of Deep Learning-Based Vulnerability Detection Tools for Ethernet Smart Contracts

In recent years,the number of smart contracts deployed on blockchain has exploded.However,the issue of vulnerability has caused incalculable losses.Due to the irreversible and immutability of smart contracts,vulnerability detection has become particularly important.With the popular use of neural network model,there has been a growing utilization of deep learning-based methods and tools for the identification of vulnerabilities within smart contracts.This paper commences by providing a succinct overview of prevalent categories of vulnerabilities found in smart contracts.Subsequently,it categorizes and presents an overview of contemporary deep learning-based tools developed for smart contract detection.These tools are categorized based on their open-source status,the data format and the type of feature extraction they employ.Then we conduct a comprehensive comparative analysis of these tools,selecting representative tools for experimental validation and comparing them with traditional tools in terms of detection coverage and accuracy.Finally,Based on the insights gained from the experimental results and the current state of research in the field of smart contract vulnerability detection tools,we suppose to provide a reference standard for developers of contract vulnerability detection tools.Meanwhile,forward-looking research directions are also proposed for deep learning-based smart contract vulnerability detection.

Preserving Data Secrecy and Integrity for Cloud Storage Using Smart Contracts and Cryptographic Primitives

Cloud computing has emerged as a viable alternative to traditional computing infrastructures,offering various benefits.However,the adoption of cloud storage poses significant risks to data secrecy and integrity.This article presents an effective mechanism to preserve the secrecy and integrity of data stored on the public cloud by leveraging blockchain technology,smart contracts,and cryptographic primitives.The proposed approach utilizes a Solidity-based smart contract as an auditor for maintaining and verifying the integrity of outsourced data.To preserve data secrecy,symmetric encryption systems are employed to encrypt user data before outsourcing it.An extensive performance analysis is conducted to illustrate the efficiency of the proposed mechanism.Additionally,a rigorous assessment is conducted to ensure that the developed smart contract is free from vulnerabilities and to measure its associated running costs.The security analysis of the proposed system confirms that our approach can securely maintain the confidentiality and integrity of cloud storage,even in the presence of malicious entities.The proposed mechanism contributes to enhancing data security in cloud computing environments and can be used as a foundation for developing more secure cloud storage systems.

A Systematic Review and Performance Evaluation of Open-Source Tools for Smart Contract Vulnerability Detection

With the rise of blockchain technology,the security issues of smart contracts have become increasingly critical.Despite the availability of numerous smart contract vulnerability detection tools,many face challenges such as slow updates,usability issues,and limited installation methods.These challenges hinder the adoption and practicality of these tools.This paper examines smart contract vulnerability detection tools from 2016 to 2023,sourced from the Web of Science(WOS)and Google Scholar.By systematically collecting,screening,and synthesizing relevant research,38 open-source tools that provide installation methods were selected for further investigation.From a developer’s perspective,this paper offers a comprehensive survey of these 38 open-source tools,discussing their operating principles,installation methods,environmental dependencies,update frequencies,and installation challenges.Based on this,we propose an Ethereum smart contract vulnerability detection framework.This framework enables developers to easily utilize various detection tools and accurately analyze contract security issues.To validate the framework’s stability,over 1700 h of testing were conducted.Additionally,a comprehensive performance test was performed on the mainstream detection tools integrated within the framework,assessing their hardware requirements and vulnerability detection coverage.Experimental results indicate that the Slither tool demonstrates satisfactory performance in terms of system resource consumption and vulnerability detection coverage.This study represents the first performance evaluation of testing tools in this domain,providing significant reference value.

Mitigating Blackhole and Greyhole Routing Attacks in Vehicular Ad Hoc Networks Using Blockchain Based Smart Contracts

The rapid increase in vehicle traffic volume in modern societies has raised the need to develop innovative solutions to reduce traffic congestion and enhance traffic management efficiency.Revolutionary advanced technology,such as Intelligent Transportation Systems(ITS),enables improved traffic management,helps eliminate congestion,and supports a safer environment.ITS provides real-time information on vehicle traffic and transportation systems that can improve decision-making for road users.However,ITS suffers from routing issues at the network layer when utilising Vehicular Ad Hoc Networks(VANETs).This is because each vehicle plays the role of a router in this network,which leads to a complex vehicle communication network,causing issues such as repeated link breakages between vehicles resulting from the mobility of the network and rapid topological variation.This may lead to loss or delay in packet transmissions;this weakness can be exploited in routing attacks,such as black-hole and gray-hole attacks,that threaten the availability of ITS services.In this paper,a Blockchain-based smart contracts model is proposed to offer convenient and comprehensive security mechanisms,enhancing the trustworthiness between vehicles.Self-Classification Blockchain-Based Contracts(SCBC)and Voting-Classification Blockchain-Based Contracts(VCBC)are utilised in the proposed protocol.The results show that VCBC succeeds in attaining better results in PDR and TP performance even in the presence of Blackhole and Grayhole attacks.

Revisiting the Electron Radius in Light of Length Contraction

In previous work, the electron radius was identified as the “actual electron radius.” However, this is more accurately described as the electron radius at rest. This study reexamines the electron with an emphasis on the electron radius under motion, incorporating the effects of length contraction. The findings suggest that the radius is subject to Lorentz contraction, which has interesting implications for relativistic effects at the subatomic level.

Design and pricing of maintenance service contract based on Nash non-cooperative game approach

Nowadays manufacturers are facing fierce challenge.Apart from the products,providing customers with multiple maintenance options in the service contract becomes more popular,since it can help to improve customer satisfaction,and ultimately promote sales and maximize profit for the manufacturer.By considering the combinations of corrective maintenance and preventive maintenance,totally three types of maintenance service contracts are designed.Moreover,attractive incentive and penalty mechanisms are adopted in the contracts.On this basis,Nash non-cooperative game is applied to analyze the revenue for both the manufacturer and customers,and so as to optimize the pricing mechanism of maintenance service contract and achieve a win-win situation.Numerical experiments are conducted.The results show that by taking into account the incentive and penalty mechanisms,the revenue can be improved for both the customers and manufacturer.Moreover,with the increase of repair rate and improvement factor in the preventive maintenance,the revenue will increase gradually for both the parties.

Allocation of Public Service Facilities in Villages and Towns from the Perspective of Smart Contraction: A Case Study of Zixi County, Jiangxi Province

The limitation of traditional layout system and the continuous contraction of villages and towns have brought challenges to the layout of public service facilities.It is an imperative task against this background to integrate space resources and allocate public service facilities scientifically and reasonably.This paper took the system and method of rural public service facility allocation from the perspective of smart contraction as the theoretic support,and Zixi County in Jiangxi Province for example,built the four-level life circle of“county-fundamental-basic-routine”based on the influence factors of facility allocation,village and town contraction strength,rural comprehensive assessment results,residents’trip willingness and demands on public service facilities,finally proposed the suggestions for optimizing the allocation of village and town public service facilities.

The Impact of Corporate Governance and Fair Value Accounting on Debt Contracts

This paper investigates the theoretical relationship between corporate governance,fair value accounting,and debt contracts.It primarily examines the individual impacts of corporate governance and fair value accounting on debt contracts,while also exploring the influence of corporate governance on fair value accounting.The study emphasizes the importance of considering the interests and legal status of creditors in the context of debt contracts.The findings indicate that strong corporate governance can reduce the likelihood of debt default and that the company’s restructuring costs in the event of a default determine whether improved corporate governance will increase or decrease debt costs.Additionally,the study reveals that the strength of corporate governance affects the value relevance of fair value accounting.However,the impact of fair value accounting on debt contracts is not inherently positive or negative;for instance,companies may use fair value adjustments with manipulative intent to enhance performance.Ultimately,the research highlights that discussions about corporate governance should not prioritize shareholder interests exclusively but also consider the legitimate position of creditors.

Construction of the“Micro-Ideological and Political”Model for Ideological and Political Teaching Reform in Bidding and Contract Management Courses

In the context of deepening educational reforms,the significance of ideological and political education has become increasingly prominent,emerging as a crucial aspect of enhancing students’comprehensive qualities.To ensure the orderly progress of ideological and political education in courses,it is essential to actively promote the integration of ideological and political elements within coursework.This integration aims to align professional course education with ideological and political education,fostering a collaborative educational model.Therefore,in the teaching of bidding and contract management courses,constructing a“micro-ideological and political”teaching model has emerged as a critical component.The implementation of this model facilitates the seamless integration of bidding and contract management coursework with ideological and political education,thereby elevating the teaching quality of these courses.Additionally,it leverages the synergistic role of coursework and ideology in educating students,ultimately enhancing the quality and level of talent cultivation.Hence,this paper proposes strategies for constructing a“microideological and political”model within the context of ideological and political teaching reforms in bidding and contract management courses,inviting discussion and exchange on this topic.

Study on Principal-agent Mechanism in Chinese Private Enterprises

Based on the principal-agent theory, this paper analyzes the current situation and the developing trends of Chinese private enterprises. It points out the obstacles confronted by Chinese private enterprise in setting up the principal-agent mechanism and proposes the corresponding solutions to these problems.

Analyzing Ethereum Smart Contract Vulnerabilities at Scale Based on Inter-Contract Dependency

Smart contracts running on public blockchains are permissionless and decentralized,attracting both developers and malicious participants.Ethereum,the world’s largest decentralized application platform on which more than 40 million smart contracts are running,is frequently challenged by smart contract vulnerabilities.What’s worse,since the homogeneity of a wide range of smart contracts and the increase in inter-contract dependencies,a vulnerability in a certain smart contract could affect a large number of other contracts in Ethereum.However,little is known about how vulnerable contracts affect other on-chain contracts and which contracts can be affected.Thus,we first present the contract dependency graph(CDG)to perform a vulnerability analysis for Ethereum smart contracts,where CDG characterizes inter-contract dependencies formed by DELEGATECALL-type internal transaction in Ethereum.Then,three generic definitions of security violations against CDG are given for finding respective potential victim contracts affected by different types of vulnerable contracts.Further,we construct the CDG with 195,247 smart contracts active in the latest blocks of the Ethereum and verify the above security violations against CDG by detecting three representative known vulnerabilities.Compared to previous large-scale vulnerability analysis,our analysis scheme marks potential victim contracts that can be affected by different types of vulnerable contracts,and identify their possible risks based on the type of security violation actually occurring.The analysis results show that the proportion of potential victim contracts reaches 14.7%,far more than that of corresponding vulnerable contracts(less than 0.02%)in CDG.

The role of time preferences in contract breach:Evidence from Chinese poultry farmers participating in contract farming

Farmers’contract breach behavior is cited as one of the major stumbling blocks in the sustainable expansion of contract farming in many developing countries.This paper examines farmers’contract breach decisions from the perspective of time preferences.The empirical analysis is based on a household survey and economic field experiments of poultry households participating in contract farming conducted in Jiangsu Province,China.A discounted utility model and a maximum likelihood technique are applied to estimate farmers’time preferences and the effect of time preferences on contract breach in the production and sales phases are explored with a bivariate probit model.The results show that,on average,the poultry farmers in the sample are generally present biased and impatient regarding future utility.The regression results show that farmers with a higher preference for the present and a higher discount rate are more likely to breach contracts,and time preferences play a greater role in the production phase than in the sales phase.When considering heterogeneity,specific investments and transaction costs promote contract stability only for farmers with a low degree of impatience.Moreover,compared with large-scale farmers,small-scale farmers’contract breach decisions are more significantly affected by their time preferences.These results have implications for contract stability policies and other issues that are impacted by the linking of behavioral preferences to agricultural decisions.

Smart contract token-based privacy-preserving access control system for industrial Internet of Things

Due to mobile Internet technology's rapid popularization,the Industrial Internet of Things(IIoT)can be seen everywhere in our daily lives.While IIoT brings us much convenience,a series of security and scalability issues related to permission operations rise to the surface during device communications.Hence,at present,a reliable and dynamic access control management system for IIoT is in urgent need.Up till now,numerous access control architectures have been proposed for IIoT.However,owing to centralized models and heterogeneous devices,security and scalability requirements still cannot be met.In this paper,we offer a smart contract token-based solution for decentralized access control in IIoT systems.Specifically,there are three smart contracts in our system,including the Token Issue Contract(TIC),User Register Contract(URC),and Manage Contract(MC).These three contracts collaboratively supervise and manage various events in IIoT environments.We also utilize the lightweight and post-quantum encryption algorithm-Nth-degree Truncated Polynomial Ring Units(NTRU)to preserve user privacy during the registration process.Subsequently,to evaluate our proposed architecture's performance,we build a prototype platform that connects to the local blockchain.Finally,experiment results show that our scheme has achieved secure and dynamic access control for the IIoT system compared with related research.

A PENALTY FUNCTION METHOD FOR THE PRINCIPAL-AGENT PROBLEM WITH AN INFINITE NUMBER OF INCENTIVE-COMPATIBILITY CONSTRAINTS UNDER MORAL HAZARD

In this paper,we propose an iterative algorithm to find the optimal incentive mechanism for the principal-agent problem under moral hazard where the number of agent action profiles is infinite,and where there are an infinite number of results that can be observed by the principal.This principal-agent problem has an infinite number of incentive-compatibility constraints,and we transform it into an optimization problem with an infinite number of constraints called a semi-infinite programming problem.We then propose an exterior penalty function method to find the optimal solution to this semi-infinite programming and illustrate the convergence of this algorithm.By analyzing the optimal solution obtained by the proposed penalty function method,we can obtain the optimal incentive mechanism for the principal-agent problem with an infinite number of incentive-compatibility constraints under moral hazard.

Research on optimal intelligent routing algorithm for IoV with machine learning and smart contract

The huge increase in the communication network rate has made the application fields and scenarios for vehicular ad hoc networks more abundant and diversified and proposed more requirements for the efficiency and quality of data transmission.To improve the limited communication distance and poor communication quality of the Internet of Vehicles(IoV),an optimal intelligent routing algorithm is proposed in this paper.Combined multiweight decision algorithm with the greedy perimeter stateless routing protocol,designed and evaluated standardized function for link stability.Linear additive weighting is used to optimize link stability and distance to improve the packet delivery rate of the IoV.The blockchain system is used as the storage structure for relay data,and the smart contract incentive algorithm based on machine learning is used to encourage relay vehicles to provide more communication bandwidth for data packet transmission.The proposed scheme is simulated and analyzed under different scenarios and different parameters.The experimental results demonstrate that the proposed scheme can effectively reduce the packet loss rate and improve system performance.

Electronic Auction Scheme Based on Smart Contract and IPFS

Sealed-bid auctions are a vital transaction tool in the e-commerce field.Traditional centralized auction schemes typically result in severe threats to data integrity,information transparency,and traceability owing to their excessive reliance on third parties,and blockchain-based auction schemes generally suffer from high storage costs and are deficient in functional and architectural design.To solve these problems,this study presents a sealed-bid auction scheme that removes the third-party based on an Ethereum smart contract,ensuring data integrity,openness,and transparency in the execution process.The commitment mechanism and distributed storage system help to significantly reduce the user’s storage cost and protect the privacy of user bids.For the functional design,this study introduces a fulltext-retrieval and dispute-processing module for commodities,which reduces the defects existing in the functional module design of existing auction systems.Furthermore,a prototype auction system on the Ethereum test chain is built to validate the proposed scheme.Experiments show that compared with traditional storage methods,indirect storage based on a distributed storage system of texts and images can reduce the storage cost by at least 50%while ensuring data integrity.Finally,the gas cost at each stage of the auction scheme and the time required for the full-text retrieval of products are recorded to evaluate the scheme performance and analyze the test results.