Symboleo2SC: From Legal Contract Specifications to Smart ContractsFT
Smart contracts are software systems that monitor and control the execution of legal contracts to ensure compliance with the contracts terms and conditions. They often exploit Internet-of-Things technologies to support their monitoring functions, and blockchain technology to ensure the integrity of their data. Ethereum and business blockchain platforms, such as Hyperledger Fabric, are among the popular choices for smart contract development. However, there is a substantial gap in the knowledge of smart contracts between developers and legal experts. Symboleo is a formal specification language for legal contracts that was introduced to address this issue. Symboleo specifications directly encode legal concepts such as parties, obligations, and powers. In this paper, we propose a tool-supported method for translating Symboleo specifications into smart contracts. Towards this end, we have extended the current Symboleo Integrated Development Environment, implemented the ontology and semantics of Symboleo into a reusable library, and developed the Symboleo2SC tool to generate Hyperledger Fabric code exploiting this library. Symboleo2SC was evaluated with three sample contracts. Our experimentation with Symboleo2SC shows that legal contract specifications in Symboleo can be fully converted to smart contracts for monitoring purposes. Moreover, Symboleo2SC helps simplify the smart contract development process, saves development effort, and helps reduce opportunities for coding errors.
Thu 27 OctDisplayed time zone: Eastern Time (US & Canada) change
10:30 - 12:00 | |||
10:30 22mTalk | Model-Checking Legal Contracts with SymboleoPCFT Technical Track Alireza Parvizimosaed University of Ottawa, Marco Roveri University of Trento, Aidin Rasti University of Ottawa, Daniel Amyot University of Ottawa, Luigi Logrippo University of Ottawa, John Mylopoulos University of Trento | ||
10:52 22mTalk | Predicate Abstractions for Smart Contract ValidationFT Technical Track Javier Godoy University of Buenos Aires, Argentina, Juan Pablo Galeotti University of Buenos Aires, Diego Garbervetsky University of Buenos Aires and CONICET, Argentina, Sebastian Uchitel Universidad de Buenos Aires / Imperial College File Attached | ||
11:15 22mTalk | Symboleo2SC: From Legal Contract Specifications to Smart ContractsFT Technical Track Aidin Rasti University of Ottawa, Daniel Amyot University of Ottawa, Alireza Parvizimosaed University of Ottawa, Marco Roveri University of Trento, Luigi Logrippo University of Ottawa, John Mylopoulos University of Trento, Amal Ahmed Anda | ||
11:37 22mTalk | A Declarative Modeling Framework for the Deployment and Management of Blockchain ApplicationsFT Technical Track Luciano Baresi Politecnico di Milano, Giovanni Quattrocchi Politecnico di Milano, Damian Andrew Tamburri TU/e, Luca Terracciano Politecnico di Milano |