Welcome to the Jungle: A Reference Model for Blockchain, DLT and Smart-Contracts (Short Paper)

Abstract

Blockchain technology has gained increasing attention from research and industry over the recent years. This interest is mainly due to its core property that allows users to perform transactions without a Trusted Third Party (TTP), while offering a transparent and fully protected tracking of these transactions. However, there is a lack of reference models to describe and compare various Blockchain technologies, leading to some confusion between different kinds of solutions. We propose in this paper a reference model aiming to assess and compare different kind of Blockchain-based ecosystems, including Decentralized Applications (DApp).