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Methodology and Analysis of Smart Contracts in Blockchain-Based International Trade Application
arXiv - CS - Cryptography and Security Pub Date : 2021-07-15 , DOI: arxiv-2107.14140
Asif Bhat, Rizal Mohd Nor, Md Amiruzzaman, Md. Rajibul Islam

Blokchain is used in a variety of applications where trustworthy computing is re-quired. Trade finance is one of these areas that would benefit immensely from a decentralized way of doing transactions. This paper presents the preliminary as-sessment of Accepire-BT, a software platform developed for the practice of col-laborative Trade Finance. The proposed solution is enforced by smart contracts using Solidity, the underlying programming language for the Ethereum block-chain. We evaluated the performance in the Rinkeby test network by using Remix and MetaMask. The results of the preliminary trial show that smart contracts take less than one minute per cycle. Also, we present a discussion about costs for us-ing the public Ethereum Rinkeby network.

中文翻译:

基于区块链的国际贸易应用中智能合约的方法论与分析

区块链用于需要可信计算的各种应用程序。贸易融资是这些领域之一,可以从分散的交易方式中受益匪浅。本文介绍了 Accepire-BT 的初步评估,Accepire-BT 是为协作贸易融资实践而开发的软件平台。提议的解决方案由使用 Solidity 的智能合约执行,Solidity 是以太坊区块链的底层编程语言。我们使用 Remix 和 MetaMask 评估了 Rinkeby 测试网络中的性能。初步试验的结果表明,智能合约每个周期的时间不到一分钟。此外,我们还讨论了使用公共以太坊 Rinkeby 网络的成本。
更新日期:2021-07-30
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