Abhishek Rawat and Rajat Verma*

Department of Computer Science and Engineering, Pranveer Singh Institute of technology, Kanpur, Uttar Pradesh, India

*Corresponding Author: Rajat Verma, Department of Computer Science and Engineering, Pranveer Singh Institute of technology, Kanpur, Uttar Pradesh, India.

Received: June 28, 2024; Published: July 01, 2024

Abstract

Blockchain technology has significantly transformed the digital landscape by implementing hitherto unheard-of degrees of decentralization, security, and transparency. The advent of smart contracts, emblematic of blockchain innovation, has rapidly become indispensable across various industries. However, formal verification must be implemented in order to guarantee the accuracy and dependability of these smart contracts. Through meticulous scrutiny of smart contract code, formal verification serves to identify and mitigate vulnerabilities, thereby fostering trust in their seamless execution. Formal verification is incorporated into smart contracts to strengthen their reliability and to accelerate the adoption of blockchain technology in various industries. This highlights the technology's critical role in influencing the future of digital agreements and transactions.

References

Citation

Citation: Abhishek Rawat and Rajat Verma. “Advancing Blockchain Security: The Imperative of Formal Verification for Smart Contracts".Acta Scientific Computer Sciences 6.8 (2024): 01-02.

Copyright

Copyright: © 2024 Abhishek Rawat and Rajat Verma. 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.