International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


Downloads: 11

Tanzania | Computer Science and Information Technology | Volume 12 Issue 5, May 2023 | Pages: 2438 - 2442


Viability of Smart Contracts for Large Scale Applications using Game Theory Concept

Costantine Paschal Kulwa

Abstract: Blockchain smart contracts show the next stage in the development of protocols that support the interaction of independent nodes without the presence of a governing authority. Blockchain smart contracts are believed to be a potentially enabling technology for a wealth of future applications. But turns out, like every other maturing technology, blockchain smart Contract also has it challenges and limitations. Understanding these challenges and limitation can help business making decision before they put their efforts in blockchain application development. In this paper game theory is combined to look into what Smart Contracts are and what they are assumed to be. The aim is to give businesses a clear idea about smart contracts and help them to decide if the contracts are viable for large scale application.

Keywords: Blockchain, Smart Contracts, Game theory, Business, Payments



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Akothee Rating: 10/10 😊
2024-10-26
Very nice paper and the concept is good and helpful

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