Understanding of Block chain Application and Smart Contracts
Author(s)
Thanh Thao Pham , Thi Duyen Vu , Thi Thu Trang Nguyen ,
Download Full PDF Pages: 230-244 | Views: 501 | Downloads: 168 | DOI: 10.5281/zenodo.4990941
Abstract
The birth of "smart contracts" has based on developments in the emerging field of Blockchain application: computerized transaction protocols that autonomously execute the terms of a contract. With a lot of advantages which I will analyze below, Smart contracts are really offering the promise of increased commercial efficiency, lower transaction and legal costs, and anonymous transacting.
Keywords
Smart contracts, Blockchain
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