# Patterns for Blockchain-Based Payment Applications

arXiv: https://arxiv.org/abs/2102.09810 · HTML: https://mlsanity.com/paper/2102.09810/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 19 Feb 2021.

## Built on by (most cited first, 1 of 1)

- [Distributed Trust Through the Lens of Software Architecture](https://mlsanity.com/paper/2306.08056/) (2023)

## Abstract (arXiv)

As the killer application of blockchain technology, blockchain-based payments have attracted extensive attention ranging from hobbyists to corporates to regulatory bodies. Blockchain facilitates fast, secure, and cross-border payments without the need for intermediaries such as banks. Because blockchain technology is still emerging, systematically organised knowledge providing a holistic and comprehensive view on designing payment applications that use blockchain is yet to be established. If such knowledge could be established in the form of a set of blockchain-specific patterns, architects could use those patterns in designing a payment application that leverages blockchain. Therefore, in this paper, we first identify a token's lifecycle and then present 12 patterns that cover critical aspects in enabling the state transitions of a token in blockchain-based payment applications. The lifecycle and the annotated patterns provide a payment-focused systematic view of system interactions and a guide to effective use of the patterns.