Chien-Chih Chen

2papers

2 Papers

7.8DCApr 23
Systematizing Blockchain Research Themes and Design Patterns: Insights from the University Blockchain Research Initiative (UBRI)

Chien-Chih Chen, Yitian Wang, Emma Nasseri et al.

The rapid expansion of blockchain and digital asset ecosystems has intensified the challenge of translating academic research into deployable systems and regulatory frameworks. While advances in cryptography, consensus, digital assets, and governance are substantial, institutional mechanisms that sustain research-to-deployment translation at ecosystem scale remain comparatively under-theorized. This paper examines the architectural and coordination patterns that enable such translation, using the University Blockchain Research Initiative (UBRI) network as a representative case of long-term academic and industry collaboration. Drawing on research outputs and convenings from 2022 to 2025, we synthesize recurring design tensions across technical and institutional domains, including scalability versus security, decentralization versus governance, and privacy versus compliance. Rather than cataloging individual projects, we abstract system-level themes that connect research contributions to deployment constraints and policy adaptation, providing a structured lens for understanding how academic research informs production architectures, regulatory development, and ecosystem resilience in emerging decentralized infrastructures.

2.1GTApr 28
Credit Limits beyond Full Collateralization in Decentralized Micropayments: Incentive Conditions

Chien-Chih Chen, Wojciech Golab

In decentralized non-custodial micropayments, the central challenge is not whether payments can be executed directly, but under what conditions such systems can offer credit limits without requiring full collateral backing. Existing approaches typically tie available credit to posted collateral, causing liquidity requirements to scale with transaction volume and settlement exposure and limiting the practical usefulness of credit-based micropayments. This paper characterizes the incentive conditions under which credit-based non-custodial micropayments can operate beyond full collateralization while remaining incentive compatible. We model repeated buyer--merchant interactions under public monitoring and identify the roles of bounded exposure, verifiable settlement outcomes, and continuation value in deterring strategic default under non-custodial execution. The resulting characterization clarifies the trade-off between capital efficiency and the enforcement conditions required to sustain under-collateralized credit expansion without custodial trust. As an illustrative application-layer instantiation, an Arbitrum Nitro prototype provides execution-level evidence that the settlement, commitment, and incentive-enforcement paths of a credit-limit-based design can be realized with low on-chain overhead.