Study of Internet of Things (IoT) Smart Contract Blockchain System

Abstract

Blockchain technology has recently undergone substantial investigation into the prospect of integrating it with several service sectors, having originally been designed for the Peer-to-Peer cryptocurrency network, Bitcoin Database security could be an expensive and time-consuming operation. When discussing a legally binding contract, the phrase "automated transaction protocol that, executes the terms of the agreement" is used. The Internet of Things (IoT), big data artificial intelligence technologies, and blockchain technology into the supply chain may help solve the transparency and traceability issue stated in the literature.