Smart Contract Model of Sci-Tech Services Transaction Based on Consortium Blockchain

Abstract

Aiming at the problems of high trust cost, low default cost, and difficult supervision in the traditional science and technology service transaction process, combined with blockchain and smart contract technology, a smart contract model of science and technology service transaction based on the consortium blockchain is proposed. According to the technical characteristics of smart contracts, the contract structure and contract rules are designed for the transaction process. The results show that the model can solve the shortcomings while realizing the science and technology service transaction process.