An Overview about Smart Contracts
Mr. Alen Geo Alex
, Ms. Sigma Sathyan
Index Terms: Blockchain, Bitcoin IoT, Cryptography, solidity, Ethereum
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.
"An Overview about Smart Contracts", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.8, Issue 3, page no.1336 - 1341, March-2023, Available :https://ijsdr.org/papers/IJSDR2303221.pdf
Volume 8
Issue 3,
March-2023
Pages : 1336 - 1341
Paper Reg. ID: IJSDR_204948
Published Paper Id: IJSDR2303221
Downloads: 000347439
Research Area: Engineering
Country: -, -, -
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
