A Framework on Enterprise-Grade Smart Contract Using Blockchain
L. B. Krithika, Abhisek Mazumdar, Rajesh Kaluri, Wang Jing · Advances in finance, accounting, and economics book series · 2019
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.