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
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:
000337356
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
Facebook Twitter Instagram LinkedIn