A review of smart contract blockchain based on multi-criteria analysis: challenges and motivations

Alshahrani, Norah M. and Kiah, Miss Laiha Mat and Zaidan, B. B. and Alamoodi, A. H. and Saif, Abdu (2023) A review of smart contract blockchain based on multi-criteria analysis: challenges and motivations. CMC-Computers Materials & Continua, 75 (2). pp. 2833-2858. ISSN 1546-2218, DOI https://doi.org/10.32604/cmc.2023.036138.

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Abstract

A smart contract is a digital program of transaction protocol (rules of contract) based on the consensus architecture of blockchain. Smart con-tracts with Blockchain are modern technologies that have gained enormous attention in scientific and practical applications. A smart contract is the cen-tral aspect of a blockchain that facilitates blockchain as a platform outside the cryptocurrency spectrum. The development of blockchain technology, with a focus on smart contracts, has advanced significantly in recent years. However, research on the smart contract idea has weaknesses in the implementation sectors based on a decentralized network that shares an identical state. This paper extensively reviews smart contracts based on multi-criteria analysis, challenges and motivations. Therefore, implementing blockchain in multi -criteria research is required to increase the efficiency of interaction between users via supporting information exchange with high trust. Implementing blockchain in the multi-criteria analysis is necessary to increase the efficiency of interaction between users via supporting information exchange and with high confidence, detecting malfunctioning, helping users with performance issues, reaching a consensus, deploying distributed solutions and allocating plans, tasks and joint missions. The smart contract with decision-making performance, planning and execution improves the implementation based on efficiency, sustainability and management. Furthermore, the uncertainty and supply chain performance lead to improved users' confidence in offering new solutions in exchange for problems in smart contacts. Evaluation includes code analysis and performance, while development performance can be under development.

Item Type: Article
Funders: UNSPECIFIED
Uncontrolled Keywords: Blockchain; smart contract; MCDM; MADM
Subjects: Q Science > QA Mathematics > QA75 Electronic computers. Computer science
T Technology > TA Engineering (General). Civil engineering (General)
Divisions: Faculty of Engineering > Department of Electrical Engineering
Depositing User: Ms Zaharah Ramly
Date Deposited: 22 Nov 2023 03:35
Last Modified: 22 Nov 2023 03:35
URI: http://eprints.um.edu.my/id/eprint/38946

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