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