A study of scalable solutions for smart contracts performance
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Tarih
2024
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Institute of Electrical and Electronics Engineers Inc.
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The emergence of blockchain technology has ushered in a transformative era of decentralized and trustless systems, challenging conventional centralized models reliant on intermediaries. At the core of this revolution lies the concept of smart contracts, self-executing agreements encoded on a blockchain, automating contractual processes without intermediaries. Smart contracts offer numerous advantages, including automation, cost reduction, transparency, and enhanced security. However, their widespread adoption faces challenges, with a paramount one being the limitation of scalability within blockchain networks. This paper studies existing scalable solution of blockchain, compares the existing techniques and discusses the best scalable solution depending on the requirement of the system. It assesses existing research, case studies and unlocking the full potential of smart contracts in the realm of blockchain technology.
Açıklama
Anahtar Kelimeler
Blockchain, Enhanced security, Networks, Smart Contracts
Kaynak
ISMSIT 2024 - 8th International Symposium on Multidisciplinary Studies and Innovative Technologies, Proceedings
WoS Q Değeri
Scopus Q Değeri
N/A
Cilt
Sayı
Künye
Alsalim, M., Uçan, O. N. (2024). A study of scalable solutions for smart contracts performance. ISMSIT 2024 - 8th International Symposium on Multidisciplinary Studies and Innovative Technologies, Proceedings. 10.1109/ISMSIT63511.2024.10757239