Abstract :

With The Growing Emphasis On Applications Of E-commerce, The Rapid Increase In The Smart Contracts Is Experiencing The Significant Expansion Of Block-chain Technology Which Enhances Trustworthiness, Automate Transactions, Increase Efficiency And Security In Online Market Places. Smart Contracts Are Digital Contracts Stored On A Blockchain That Are Automatically Executed When Predetermined Terms And Conditions Are Met. Smart Contracts Can Also Be Used To Ensure Secure And Transparent Payments And Shipping, Eliminating The Need For Trust Between Parties. This Can Greatly Reduce The Potential For Disputes And Improve The Overall Buying And Selling Experience. Smart Contracts As Digital Contracts Uses The Online Market Places Such As Ecommerce Platforms With A Decentralized Environment Which Benefit Small Business Giving Them Access To A Global Market. Smart Contracts Are The Computer Programs Which Establishes A Connection Between Only Buyer And Seller (enforces Agreement Between The Parties) Without The Intervention Of The Third Party Using The Block-chain Technology. This Paper Explains About The Development Of Smart Contract, Working Mechanism Of Smart Contracts With A Simple Logic, How The Block-chain Technology Is Important To Make A Connection Between Two Parties On A Decentralized Network Using Different Tools. It Also Focuses On The Major Role Of EDA Usage In Smart Contracts Which Focuses On Existing Framework Of EDI Where Smart Contracts Are Integrated Into It To Provide Multiple Benefits Including More Accurate And Reliable Business Transactions. A Model Of E-commerce Payment System By The Concept Of Smart Contracts Using Block-chain Technology Is Described Which Gives The Clear Usage Of Decentralized Networks. Key Words: Block-chain Technology, Dapps, Cryptocurrency, Ethereum, Solana, Solidity, EDI, IOT, AI-Powered Smart Contracts, DeFi

Published:

09-6-2025

Issue:

Vol. 25 No. 6 (2025)

Page Nos:

447-457

Section:

Articles

License:

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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