Volume 20 No 13 (2022)
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Model for the elaboration of Smart Contracts using the Cardano network
Walter Orozco, Jaime Orozco, Julio Orrala Moreira, Mercedes Villarroel
Abstract
Technology plays a preponderant role in many areas of daily business. Organizations invest and use
technology as a basic tool in every process. In the business environment, contractual activities are
formalized by employing a contract. The elaboration of a contract requires two entities involved and a
validating entity, where it is specifically and objectively stated how it will be carried out. The objective of
this article was to propose a model for the elaboration of Smart Contracts using the Cardano network, as
well as to analyze the main characteristics of Latin American scientific production regarding the study of
Smart Contracts. Among the main findings is that of the Latin American countries. Brazil was the nation
that achieved the highest number of publication records carried out in high-impact journals indexed in
the Scopus database during the period 2017-2021, with a total of 97 documents. It is expected that,
through the development of this research, the design of models for the development of Smart Contracts
will be achieved to optimize such processes within the organization.
Keywords
Smart Contracts, Cardano Network
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