Financial investment trust mechanism based on smart contract.


Journal

PloS one
ISSN: 1932-6203
Titre abrégé: PLoS One
Pays: United States
ID NLM: 101285081

Informations de publication

Date de publication:
2023
Historique:
received: 08 03 2023
accepted: 12 06 2023
medline: 31 7 2023
pubmed: 28 7 2023
entrez: 28 7 2023
Statut: epublish

Résumé

In this paper, a financial investment trust solution based on smart contract is proposed to solve the distrust problem in financial investment caused by information asymmetry. By utilizing the functional attributes of blockchain-based smart contracts, the financial investment trust mechanism is established. By operating this mechanism, the financial investment information is received, stored, and processed, and the information is sent to the nodes in the blockchain. By devising the algorithms of "requesting financial investment service", "successful financial investment", "product contract fraud arbitration" and "investment contract fraud arbitration", the financial investment trust mechanism is achieved. By presenting the algorithms and their invoking processes, smart contracts for the solution are written and debugged. Finally, the smart contracts are tested and validated. The smart contract source code is available in GitHub.

Identifiants

pubmed: 37506077
doi: 10.1371/journal.pone.0287706
pii: PONE-D-23-06822
pmc: PMC10381090
doi:

Types de publication

Journal Article Research Support, Non-U.S. Gov't

Langues

eng

Sous-ensembles de citation

IM

Pagination

e0287706

Informations de copyright

Copyright: © 2023 Xiong, Wan. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Déclaration de conflit d'intérêts

NO authors have competing interests

Références

Sensors (Basel). 2020 Dec 22;21(1):
pubmed: 33375153

Auteurs

Wei Xiong (W)

Nanchang Institute of Technology, School of Business Administration, Nanchang, 330099, China.

Danping Wan (D)

Nanchang Institute of Technology, School of Business Administration, Nanchang, 330099, China.

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