A Blockchain Framework with Smart Contract Mechanism
- DOI
- 10.2991/978-94-6463-716-8_60How to use a DOI?
- Keywords
- Blockchain; Smart Contract; Solidity; Legal Issues; Ethereum; Hyperledger; Fabric
- Abstract
The overall objective of the study is to understand the current status of blockchain applications and evaluate their ability to satisfy the growing demand for blockchain knowledge in the applications industry. In order to determine which would be the superior option in each situation, it also evaluated the respective advantages of Ethereum and Hyperledger. The study’s extensive data set allowed it to offer priceless insights into the intricate workings of a blockchain application. The materials used included reports, journals, and periodicals. The “smart contract” refers to a digital transaction that runs on its own, logs the pertinent dynamic activity on a distributed ledger, and uses predefined criteria to demonstrate its legitimacy. The key component of a blockchain that enables its use as a platform for use cases beyond currency is a smart contract. Voting, education, entertainment, real estate, the Internet of Things (IoT), The development of blockchain technology has advanced significantly in recent years, with a particular emphasis on smart contracts; yet, little research has been done on the idea. Notwithstanding the many advantages of smart contracts, a number of obstacles have prevented their widespread use, including as security holes, coverage gaps, and the difficulties of lawfully enforcing contracts.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Amrita Jain AU - Savi Jain AU - Shruti Lashkari AU - Sweta Gupta AU - Ashwinee Gadwal PY - 2025 DA - 2025/05/26 TI - A Blockchain Framework with Smart Contract Mechanism BT - Proceedings of the International Conference on Recent Advancements and Modernisations in Sustainable Intelligent Technologies and Applications (RAMSITA 2025) PB - Atlantis Press SP - 816 EP - 831 SN - 1951-6851 UR - https://doi.org/10.2991/978-94-6463-716-8_60 DO - 10.2991/978-94-6463-716-8_60 ID - Jain2025 ER -