Discussion on Smart Contract Under Blockchains Technology

Abstract

At present, blockchains has become a major trend at home and abroad. From the government’s announcement to the establishment of the blockchain infrastructure in Xiongan New Area, the development trend of blockchain cannot be ignored. With the development of blockchain,a new blockchain platform of Ethereum has emerged.This paper makes a further introduction to the core of Ethereum platform - Smart contract. Smart contract is a famous concept proposed by Nick Szabo in 1996. The emergence of blockchain and Ethereum makes it possible to use on a large scale. This paper also discusses the development of smart contract and its existing problems.