TY - GEN
T1 - The State of the Art for Blockchain-Enabled Smart-Contract Applications in the Organization
AU - Udokwu, Chibuzor
AU - Kormiltsyn, Aleksandr
AU - Thangalimodzi, Kondwani
AU - Norta, Alex
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2019/3/26
Y1 - 2019/3/26
N2 - The application and use of smart contracts in organizations require a holistic overview. This overview helps to understand the current adoption of this technology and also deduces factors that are inhibiting its use in the modern organization. This study provides a systematic review of previous studies comprising of frameworks, methods, working prototypes and simulations that demonstrate the application of smart contracts in organizations. Understanding the current state and usage of smart-contract technology in an organization is a focal point of this paper. Much progress occurs in developing technologies that support smart contracts, while little understanding exists pertaining to their usage in organizations. In this study, we identify properties of smart-contract applications in different domains of modern organizations. We further analyze and categorize challenges and problems mitigating the adoption of smart-contract applications.
AB - The application and use of smart contracts in organizations require a holistic overview. This overview helps to understand the current adoption of this technology and also deduces factors that are inhibiting its use in the modern organization. This study provides a systematic review of previous studies comprising of frameworks, methods, working prototypes and simulations that demonstrate the application of smart contracts in organizations. Understanding the current state and usage of smart-contract technology in an organization is a focal point of this paper. Much progress occurs in developing technologies that support smart contracts, while little understanding exists pertaining to their usage in organizations. In this study, we identify properties of smart-contract applications in different domains of modern organizations. We further analyze and categorize challenges and problems mitigating the adoption of smart-contract applications.
KW - applications
KW - blockchain
KW - decentralized autonomous organization
KW - limitations
KW - smart contract
KW - use cases
UR - https://www.scopus.com/pages/publications/85064178498
U2 - 10.1109/ISPRAS.2018.00029
DO - 10.1109/ISPRAS.2018.00029
M3 - Conference contribution
AN - SCOPUS:85064178498
T3 - Proceedings - 2018 Ivannikov Isp Ras Open Conference, ISPRAS 2018
SP - 137
EP - 144
BT - Proceedings - 2018 Ivannikov Isp Ras Open Conference, ISPRAS 2018
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2018 Ivannikov Isp Ras Open Conference, ISPRAS 2018
Y2 - 22 November 2018 through 23 November 2018
ER -