In recent years, blockchain technology has garnered considerable interest on account of its peer-to-peer, distributed consensus, and anonymity functionalities. A smart contract functions as a verifiable, self-executing, and self-validating computing layer. This study seeks to identify the key concepts and associated future research goals pertaining to smart contracts based on the blockchain. Smart contracts enable the implementation of programmable assets, including money, and the automation of business logic processes that were previously executed manually. In response to this disclosure, a comprehensive examination of smart contracts employing blockchain technology is undertaken. In this article, we propose an innovative and practical metamodel for ensuring the integrity of protocols within smart contracts facilitated by blockchain technology. This article begins with an explanation of smart contracts’ operational models, functionalities, and applications. Analysis of the results reveals that the utilisation of the model alleviates the workload associated with numerous measurements. It was determined that the mean response latency, computation time, and overhead were each 1.47, 1.19, and 3.04 s.

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A Tamper-Proof Smart Contract Metamodel for Blockchain to Optimise Computational Latency

  • Ratul Sengupta,
  • Ruchika Srivastava,
  • Sushruta Mishra,
  • Laith Abualigah

摘要

In recent years, blockchain technology has garnered considerable interest on account of its peer-to-peer, distributed consensus, and anonymity functionalities. A smart contract functions as a verifiable, self-executing, and self-validating computing layer. This study seeks to identify the key concepts and associated future research goals pertaining to smart contracts based on the blockchain. Smart contracts enable the implementation of programmable assets, including money, and the automation of business logic processes that were previously executed manually. In response to this disclosure, a comprehensive examination of smart contracts employing blockchain technology is undertaken. In this article, we propose an innovative and practical metamodel for ensuring the integrity of protocols within smart contracts facilitated by blockchain technology. This article begins with an explanation of smart contracts’ operational models, functionalities, and applications. Analysis of the results reveals that the utilisation of the model alleviates the workload associated with numerous measurements. It was determined that the mean response latency, computation time, and overhead were each 1.47, 1.19, and 3.04 s.