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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | An Overview about Smart Contracts |
| Authors Name: | Mr. Alen Geo Alex , Ms. Sigma Sathyan |
| Unique Id: | IJSDR2303221 |
| Published In: | Volume 8 Issue 3, March-2023 |
| Abstract: | Abstract: The blockchain technology's smart contracts are a compelling aspect. Traditional contracts can take weeks or even months to begin, and both in the public and private sectors, there have been many instances of breaches and a lack of trust in contracts. In order to negotiate, run, and implement a settlement between two parties, a digital contract executes at the top of the blockchain [1]. Smart contracts can promote transaction credibility between contracting parties without the need for third parties as demonstrated by traditional contracts thanks to the security and decentralized system exhibited by blockchain technology. This paper highlights the uses, advantages, and limitations of smart contracts and demonstrates how they can be deployed in an organization to improve performance using blockchain technology. |
| Keywords: | Index Terms: Blockchain, Bitcoin IoT, Cryptography, solidity, Ethereum |
| Cite Article: | "An Overview about Smart Contracts", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.8, Issue 3, page no.1336 - 1341, March-2023, Available :http://www.ijsdr.org/papers/IJSDR2303221.pdf |
| Downloads: | 000337354 |
| Publication Details: | Published Paper ID: IJSDR2303221 Registration ID:204948 Published In: Volume 8 Issue 3, March-2023 DOI (Digital Object Identifier): Page No: 1336 - 1341 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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