Abstract

Abstract- Smart contract is an automatic contract with the agreement between two parties, written into few lines of code. Agreements contained live across a distributed, decentralized blockchain network. Code controls the execution and transactions that are tractable and not changed [1]. This are the digital contract stored in block chain and executes automatically when condition meets [1]. IOT is network of physical devices that embedded with different sensors, software for exchanging data over internet [2].this are having advantages in all sectors including medical science, home automation, security etc. [2]. Future is IOT and smart contract technology is bright in near future as all IOT has lot of applications with use of smart contract technology to maintain integrity of data [2]. Keywords – Smart Contract, IOT, blockchain

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