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Delegate contract signing mechanism based on smart contract

In this paper, a delegate contract signing solution is proposed to eliminate the potential risk of contract fraud caused by information and interest asymmetry. By utilizing the functional properties of the Ethereum blockchain and smart contracts, a delegate contract signing mechanism is established....

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Detalles Bibliográficos
Autores principales: Xiong, Wei, Hu, Yangcheng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9390900/
https://www.ncbi.nlm.nih.gov/pubmed/35984834
http://dx.doi.org/10.1371/journal.pone.0273424
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author Xiong, Wei
Hu, Yangcheng
author_facet Xiong, Wei
Hu, Yangcheng
author_sort Xiong, Wei
collection PubMed
description In this paper, a delegate contract signing solution is proposed to eliminate the potential risk of contract fraud caused by information and interest asymmetry. By utilizing the functional properties of the Ethereum blockchain and smart contracts, a delegate contract signing mechanism is established. By running the mechanism, the delegate contract signing information is received and processed, and the information is broadcast to the blockchain network nodes. By designing the algorithms of "requesting contract signing", "successful contract signing" and "contract fraud dispute resolution", the delegate contract signing is realized. By proposing algorithms and their calling processes, the smart contracts are completed. Finally, the smart contracts based on the solution are tested and verified. The source code of the smart contracts has been published on GitHub.
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spelling pubmed-93909002022-08-20 Delegate contract signing mechanism based on smart contract Xiong, Wei Hu, Yangcheng PLoS One Research Article In this paper, a delegate contract signing solution is proposed to eliminate the potential risk of contract fraud caused by information and interest asymmetry. By utilizing the functional properties of the Ethereum blockchain and smart contracts, a delegate contract signing mechanism is established. By running the mechanism, the delegate contract signing information is received and processed, and the information is broadcast to the blockchain network nodes. By designing the algorithms of "requesting contract signing", "successful contract signing" and "contract fraud dispute resolution", the delegate contract signing is realized. By proposing algorithms and their calling processes, the smart contracts are completed. Finally, the smart contracts based on the solution are tested and verified. The source code of the smart contracts has been published on GitHub. Public Library of Science 2022-08-19 /pmc/articles/PMC9390900/ /pubmed/35984834 http://dx.doi.org/10.1371/journal.pone.0273424 Text en © 2022 Xiong, Hu https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Xiong, Wei
Hu, Yangcheng
Delegate contract signing mechanism based on smart contract
title Delegate contract signing mechanism based on smart contract
title_full Delegate contract signing mechanism based on smart contract
title_fullStr Delegate contract signing mechanism based on smart contract
title_full_unstemmed Delegate contract signing mechanism based on smart contract
title_short Delegate contract signing mechanism based on smart contract
title_sort delegate contract signing mechanism based on smart contract
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9390900/
https://www.ncbi.nlm.nih.gov/pubmed/35984834
http://dx.doi.org/10.1371/journal.pone.0273424
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