The Rise of Smart Contract and Its Complex Impacts on the Digital Ecosystem.

IES(2019)

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Abstract
Nowadays, we are forced to join in a more and more complicated contract and a faster and faster transaction in the market. We are also seriously faced with security problems. As the society evolves, the related systems generally become complicated. The economic system, more specifically, the market system is not exempted from this law. This exactly means the advent of a new formula of it currently corresponding to the extent of complications. Without any incessant improvement of the digital technologies, our performance would not be smoothly achieved.
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Key words
Blockchain, Byzantine Generals Problem, Distributed Ledger Technologies (DLT), Smart contract, P2P based auction, A10, D10, D20, D50, D70
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