SMART CONTRACT BASED APPROACH FOR FIXED DEPOSIT IN BLOCKCHAIN NETWORKS WITH REMIX IDE

Abstract

Blockchain technology has received a lot of attention recently due to its potential to create decentralized and secure data systems. This technology is a digital ledger technology that is tamper-evident and tamper-resistant, offering a new way of storing and sharing data. In this review, the author will summarize the present state of research on blockchain technology, including its applications and benefits, as well as potential pitfalls. The author will review the latest research on blockchain technology in different domain areas, comparatively finance, healthcare, and supply chain management, and provide insights into the future direction of this technology. The main functions of security deposits, such as the financial management system, computerized order entry system, and information interchange, have received a lot of attention in many pieces of literature. In this research paper, the author reviews the existing research papers and applications available for the security deposit using blockchain technology. The goal of this research paper is to give readers a thorough grasp of the state of blockchain technology research today and how it might affect a variety of fields.