Towards Model-Driven Engineering of Smart Contracts for Cyber-Physical Systems

Abstract

Applications of Distributed Ledger Technologies (DLTs) in IoT and Cyber-Physical Systems (CPS) are rapidly emerging. However, developing correct and resilient smart contracts for these use cases is even less understood than it is for cryptocurrency-based contracts. This paper presents an initial approach for generating smart contracts for coordinating the usage of cyber-physical system elements from UML statecharts. While the current target platform is Ethereum, our approach can easily be extended to other blockchain platforms.