Survey of Smart Contract Framework and Its Application

This article is a literature review on smart contract applications in various domains. The aim is to investigate technological developments and implementation of smart contracts in various domains. For this purpose, the theoretical basis of various papers that have been published in recent years is...

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Bibliographic Details
Main Authors: Edi Surya Negara, Achmad Nizar Hidayanto, Ria Andryani, Rezki Syaputra
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Information
Subjects:
IoT
Online Access:https://www.mdpi.com/2078-2489/12/7/257
Description
Summary:This article is a literature review on smart contract applications in various domains. The aim is to investigate technological developments and implementation of smart contracts in various domains. For this purpose, the theoretical basis of various papers that have been published in recent years is used as a source of theoretical and implementation studies. Smart contracts are the latest technology that is developing in line with the development of blockchain technology. The literature review that we have carried out explains that smart contracts work automatically, control, or document legally relevant events and actions in accordance with the agreements set forth in the contract agreement. This technology is one of the newest technologies that is expected to provide solutions for trust, security, and transparency in various domains. This literature review was conducted using an exploratory approach. This literature review focuses on reviewing frameworks, methods, and simulations of smart contract implementations in various domains.
ISSN:2078-2489