Case study: smart contract prototype utilising the blockchain to securely deposit NIST control findings Online publication date: Thu, 07-Jul-2022
by George Stone
International Journal of Blockchains and Cryptocurrencies (IJBC), Vol. 3, No. 2, 2022
Abstract: Security in online transactions is a critical component that cannot be overlooked in designing an accounting system for network-based trade. Previously, the challenge of double spending and the possibility for an external attack that could temper with records hampered the adoption of online transactions, additionally, the need for a trusted third party to validate transactions made over the networks made it too expensive to adopt such ideas. Thus, online transactions remained a dream for many. However, the introduction of blockchain and innovative contract technology has boosted their adoption. This document presents a case study report to develop a safe and secure system for government transactions using the mentioned technologies.
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