BLOCKCHAIN BASED SMART CONTRACTBlockchain Based Smart Contract • November 5th, 2024
Contract Type FiledNovember 5th, 2024Smart contracts are blockchain-based contracts that can be executed wholly or partly without human interaction. Any stakeholder associated with the contract platform can trust all of its processes. The objective of the study was to find out the newest area of research pertaining to smart contracts. This paper also provided the broad view of blockchain- based smart contract platforms. This review will help in identifying the gaps that are to be marked for future research.The following major characteristics should describe this platform: fast block creation, reliability, safety, stability, and usability. Languages for writing smart contracts and blockchain platforms are gaining huge popularity. However, smart contracts and applications that implement blockchain are developed with non-standard software life-cycles, in which, for instance, delivered applications are hardly updated or bugs resolved by releasing a new version of the software. It does this to the end of putting much emphasis