Smart Contract Application in Blockchain Technology
Miss. Shital G. Attarkar Shital G. Attarkar
Paper Contents
Abstract
AbstractA new method for secure, transparent, and decentralized digital transactions has come from blockchain technology. One of the key developments is smart contracts. These are agreements that aSSutomatically execute when the set conditions in the code are met. Unlike traditional contracts, which require intermediaries like banks, law firms, or notaries, smart contracts operate on their own. This research looks into the use of smart contracts in various areas, including finance, supply chain management, healthcare, real estate, governance, and intellectual property management. It also points out the challenges related to security issues and scalability. The research concludes that while smart contracts have great potential to change digital transactions and institutional operations, their widespread use will depend on clear regulations and improved technology.
Copyright
Copyright © 2025 Miss. Shital G. Attarkar. This is an open access article distributed under the Creative Commons Attribution License.