Header menu link for other important links
X
A Framework on Enterprise-Grade Smart Contract Using Blockchain
Jing Wang, Ms Krithika L B, Abhisek Mazumdar,
Published in IGI Global
2020
Pages: 91 - 101
Abstract
Blockchain technology is very trending and promising. It can revolutionize the traditional way of manipulation of data in many industries. There are industries which blockchain can disrupt: banking, cyber security, smart contract, insurance, cloud storage, government, healthcare, media streaming. The decentralized approach of blockchain using peer-to-peer system to verify the correct record of the ledger, which builds a trust in the system. A system can be compiled and made to get adopted with the concept of smart contract. The aim of the work is to develop a system that is flexible enough to get implemented in the industries like finance, cyber security, data storage, buying and selling of properties, healthcare, etc. This will use a one-way encryption method known as SHA-256. A block with the 256-character code bind with the other metadata of the block will be termed as a smart contract for the item.
About the journal
JournalTransforming Businesses With Bitcoin Mining and Blockchain Applications Advances in Finance, Accounting, and Economics
PublisherIGI Global
ISSN2327-5677
Open Access0