Abstract
With the continuous development of blockchain technology, smart contract has become an important research object among the achievable technologies on blockchain technology. Based on the characteristics of decentralization, tamper-proof and transparency of blockchain, it provides a reliable technical support for the implementation of smart contract. Based on blockchain smart contract technology, this paper aims to design a smart contract management engine with higher versatility, security, and feasibility to develop a smart contract from the joint participation of multiple users. The smart contract is proliferated through the P2P network and deposited into the blockchain. And the blockchain is designed to automatically execute the smart contract, providing a new solution to the problems of opacity, easy tampering, and low efficiency of the traditional contract. It is safer and more reliable. By specifying the treaty and trigger conditions through the program code, once the conditions are met, the contract will be automatically executed, which greatly reduces the time and space costs. Using Ether and smart contracts to develop distributed applications to realize this technology, the feasibility of applying blockchain technology in this field is explored, and a new technical implementation is provided for traditional contract signing.
Published Version
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