ways to use smart contracts in the cryptocurrencies market

Document Type : Original Article

Authors
1 BS student in Business Management , Islamic Azad University of Sari , Iran
2 Department of Business Management, Faculty of Humanities, Sari Branch, Islamic Azad University, Sari, Iran
3 BS student in Financial Management, Sari Branch, Islamic Azad University, Sari, mazandaran iran
Abstract
With the rapid development of cryptocurrency and blockchain technologies, platforms such as Ethereum and Hyperledger began to support various types of smart contracts. Smart contracts are on the rise and have broad range of applications, such as collective financing, financial services, prediction markets and Internet of Things (IoT), etc. However, there are still many challenges such as security issues and privacy disclosure that await future research. In this paper, we present a comprehensive overview on blockchain powered smart contracts. and define smart contracts as an automated and enforceable agreement. We also conducted an exploratory study to understand the current situation and potential challenges that developers face in developing smart contracts in the Chinese blockchain, focusing on Atrium (China's most popular public blockchain platform for smart contracts).

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  • Receive Date 17 March 2022
  • Revise Date 02 June 2022
  • Accept Date 11 August 2022