CSC News

A New Era: Automated Contracts

Dr. Munindar Singh, Alumni Distinguished Graduate Professor at NC State, has been awarded $450,000 by the National Science Foundation to support his research proposal entitled “Principles of Normative Multiagent Systems for Decentralized Applications”.

The award will run from October 1, 2019 to September 30, 2022.

Abstract –  This project will investigate theoretical models and programming techniques for decentralized applications. Emerging technologies show great potential in helping bring about a new era of automated contracts that enables flexible transactions among independent parties---with applications in finance, healthcare, pharmaceuticals, among other domains. This project will go beyond current approaches by providing a new declarative model that is able to handle the challenging computing-related aspects of real-life contracts. This model is accompanied with techniques that provide guidance on how to specify and enact contracts in a manner that is precise, flexible, and eliminates unnecessary information sharing.

For more information on Dr. Singh, click here .

~snyder~