Survey on blockchain based smart contracts: Applications, opportunities and challenges

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Title: Survey on blockchain based smart contracts: Applications, opportunities and challenges
Authors: Hewa, TharakaYlianttila, MikaLiyanage, Madhusanka
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Date: 1-Mar-2021
Online since: 2021-04-15T15:58:35Z
Abstract: Blockchain is one of the disruptive technical innovation in the recent computing paradigm. Many applications already notoriously hard and complex are fortunate to ameliorate the service with the blessings of blockchain and smart contracts. The decentralized and autonomous execution with in-built transparency of blockchain based smart contracts revolutionize most of the applications with optimum and effective functionality. The paper explores the significant applications which already benefited from the smart contracts. We also highlight the future potential of the blockchain based smart contracts in these applications perspective.
Funding Details: European Commission Horizon 2020
Funding Details: Academy of Finland
Type of material: Journal Article
Publisher: Elsevier
Journal: Journal of Network and Computer Applications
Volume: 177
Copyright (published version): 2020 Elsevier
Keywords: BlockchainSmart contractsApplicationsDLTHyperledger fabricEthereumCordaStellar
DOI: 10.1016/j.jnca.2020.102857
Language: en
Status of Item: Peer reviewed
ISSN: 1084-8045
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Appears in Collections:Computer Science Research Collection

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