作者
Noor Sabah Mohammed, Omar Abdulrahman Dawood, Ali Makki Sagheer, Ahmed Adil Nafea
发表日期
2024/1/1
期刊
Baghdad Science Journal
卷号
21
期号
1
页码范围
0234-0234
简介
Blockchain is an innovative technology that has gained interest in all sectors in the era of digital transformation where it manages transactions and saves them in a database. With the increasing financial transactions and the rapidly developed society with growing businesses many people looking for the dream of a better financially independent life, stray from large corporations and organizations to form startups and small businesses. Recently, the increasing demand for employees or institutes to prepare and manage contracts, papers, and the verifications process, in addition to human mistakes led to the emergence of a smart contract. The smart contract has been developed to save time and provide more confidence while dealing, as well as to cover the security aspects of digital management and to solve negotiation concerns. The smart contract was employed in creating a distributed ledger to eliminate the need for centralization. In this paper, a simple prototype has been implemented for the smart contract integrated with blockchain which is simulated in a local server with a set of nodes. Several security objectives, such as confidentiality, authorization, integrity, and non-repudiation, have been achieved in the proposed system. Besides, the paper discussed the importance of using the Blockchain technique, and how it contributed to the management of transactions in addition to how it was implemented in highly transparent real-estate scenarios. The smart contract was employed in creating a distributed ledger to eliminate the need for centralization. The ellipticcurve public key has been adopted as an alternative for the RSA in a signature …
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