The New Approach to the Architecture of Smart Contracts

Abstract

This research analyzes the problems of smart contracts and the whole concept of smart contracts and provides a solution that can resolve all such the issues in the current smart contract concept and additionally to this change the architecture used in smart contracts and blockchain. In this research, the author lists the issues, analyzes them, and provides the solution explaining how it will change the whole concept, performance, and what sort of positive impact it will have not only on the performance of smart contracts and their extensibility but also the impact on pollution and saving of energy.