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Home / Archives / Volume-5 / Issue-1 / Article-4

Volume - 5 | Issue - 1 | march 2023

A Brief Analysis of Smart Contracts and Applications of Blockchain Technology Open Access
Rishi Matura  , Kunal  256
Pages: 39-51
Cite this article
Matura, Rishi, and Kunal. "A Brief Analysis of Smart Contracts and Applications of Blockchain Technology." Journal of Artificial Intelligence and Capsule Networks 5, no. 1 (2023): 39-51
DOI
10.36548/jaicn.2023.1.004
Published
01 April, 2023
Abstract

Blockchain refers to a distributed system or ledger that is shared via a computer network. For storing data, a blockchain serves as a digital database. The most well-known use of Blockchain technology is to maintain a secure and impartial record of every transaction made using Bitcoin and other types of cryptocurrency. By assuring the security and integrity of a data record, a blockchain encourages confidence without the need for a trustworthy third party. This paper discusses the various aspects and implications of Blockchain technology in modern society.

Keywords

Blockchain system database digital cryptocurrency Bitcoin smart contract

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