Problems and prospects of practical application of smart - contract technolog
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Date
2021-10-21
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
National Aviation University
Abstract
The necessity of using the technology of smart contracts in the conditions of digitalization of the world economy is investigated in the work. The aim of the study is to determine the essence of a smart contract, its relationship with the digital economy, blockchain technology and legal legislation. The definition of the basic economic concepts of digital economy is given, and also the basic advantages and lacks of use of smart - contracts in the conditions of modern economy and legal legislation are defined.
Description
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Keywords
smart contract, blockchain technology, cryptographic security, transaction, algorithm, counterparty, final beneficiary
Citation
Borysenko Y. Problems and prospects of practical application of smart - contract technolog // Abstracts ІІ International scientific-practical conference «Economic and business administration development:scientific currencies and solutions». October 21, 2021. Tom 1. K .: NAU, 2021. 10-12 P.