Smart Contract in Blockchain

DOI

10.2991/978-94-6463-030-5_86How to use a DOI?

Keywords

Smart Contracts; Weak-centralization; Standardization; Blockchain

Abstract

Smart contract is presented as a new infrastructure for programming, deployment and execution with the rapid pace of blockchain technology in recent years. The development of blockchain technology provides a good operational basis for smart contracts, which can play an important role on the blockchain. With the rapid development of blockchain platforms such as bitcoin, smart contracts have a good opportunity for development. However, smart contract applications are still at an early stage of development, with relatively little relevant research, and the applicable scenarios of smart contracts in practical applications are not rich enough. In the paper, we study and discuss several aspects, by changing decentralization to weak-centralization, retaining appropriate supervision, and providing necessary right remedy for users of non-performance clause, can make smart contracts safe to use by compromising part of transaction efficiency.

Copyright

© 2023 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.

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TY  - CONF
AU  - Tian Mao
AU  - Junhua Chen
PY  - 2022
DA  - 2022/12/20
TI  - Smart Contract in Blockchain
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 868
EP  - 875
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_86
DO  - 10.2991/978-94-6463-030-5_86
ID  - Mao2022
ER  -