University of Oulu

Hewa, T., Ylianttila, M., & Liyanage, M. (2021). Survey on blockchain based smart contracts: Applications, opportunities and challenges. Journal of Network and Computer Applications, 177, 102857. https://doi.org/10.1016/j.jnca.2020.102857

Survey on blockchain based smart contracts : applications, opportunities and challenges

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Author: Hewa, Tharaka1; Ylianttila, Mika1; Liyanage, Madhusanka1,2
Organizations: 1Centre for Wireless Communications, University of Oulu, Finland
2School of Computer Science, University College Dublin, Ireland
Format: article
Version: accepted version
Access: open
Online Access: PDF Full Text (PDF, 2.4 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe2020111790883
Language: English
Published: Elsevier, 2021
Publish Date: 2022-11-11
Description:

Abstract

Blockchain is one of the disruptive technical innovation in the recent computing paradigm. Many applications already notoriously hard and complex are fortunate to ameliorate the service with the blessings of blockchain and smart contracts. The decentralized and autonomous execution with in-built transparency of blockchain based smart contracts revolutionize most of the applications with optimum and effective functionality. The paper explores the significant applications which already benefited from the smart contracts. We also highlight the future potential of the blockchain based smart contracts in these applications perspective.

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Series: Journal of network and computer applications
ISSN: 1084-8045
ISSN-E: 1095-8592
ISSN-L: 1084-8045
Volume: 177
Article number: 102857
DOI: 10.1016/j.jnca.2020.102857
OADOI: https://oadoi.org/10.1016/j.jnca.2020.102857
Type of Publication: A1 Journal article – refereed
Field of Science: 213 Electronic, automation and communications engineering, electronics
Subjects:
DLT
Funding: This work was supported in part by the Academy of Finland Project 6Genesis Flagship (Grant No. 318927), RESPONSE 5G (Grant No: 789658) and the European Union’s Horizon 2020 research and innovation programme under the INSPIRE-5Gplus project (Grant No. 871808). The paper reflects only the authors’ views. The Commission is not responsible for any use that may be made of the information it contains.
EU Grant Number: (871808) INSPIRE-5Gplus - INtelligent Security and PervasIve tRust for 5G and Beyond
Academy of Finland Grant Number: 318927
Detailed Information: 318927 (Academy of Finland Funding decision)
Copyright information: © 2020 Published by Elsevier Ltd. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/.
  https://creativecommons.org/licenses/by-nc-nd/4.0/