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An Investigation into Smart Contract Deployment on Ethereum Platform Using Web3.js and Solidity Using Blockchain

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Data Engineering and Intelligent Computing

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1407))

Abstract

Blockchain is a decentralized distributed platform, where multiple peers can exchange digital assets securely all over the globe without third party based on trustiness. In blockchain, blocks are connected by using hash that maintains the order of transaction. In this paper, we have proposed a novel approach of understanding proof of work and proof of stake which are considered as consensus algorithms that are used to manage and control blocks on distributed platform. Here, the paper also presents the Ethereum, a public blockchain platform which is used to implement decentralized application over the Internet using a contract (agreement) in digital form written by using solidity language that defines the way to exchange digital assets is called smart contact. Lastly, the paper concludes with implementation methodology for creation, deployment on Ethereum blockchain, and interaction of smart contract using Node.js, Web3 library, and Infura API.

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Author information

Authors and Affiliations

  1. Department of Computer Science and Engineering, Icfai Tech (Faculty of Science and Technology), ICFAI Foundation for Higher Education (Deemed to be University), Hyderabad, Telangana, India

    Sandeep Kumar Panda

  2. School of Computer Engineering, KIIT Deemed to be University, Bhubaneswar, Odisha, India

    Suresh Chandra Satapathy

Authors
  1. Sandeep Kumar Panda
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  2. Suresh Chandra Satapathy
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Corresponding author

Correspondence to Sandeep Kumar Panda .

Editor information

Editors and Affiliations

  1. Department of Electronics and Communication Engineering, Shri Ramswaroop Memorial Group of Professional Colleges (SRMGPC), Lucknow, Uttar Pradesh, India

    Vikrant Bhateja

  2. School of Computer Engineering, Kalinga Institute of Industrial Technology, Bhubaneswar, India

    Suresh Chandra Satapathy

  3. Department of Signals and Communications, Institute for Technological Development, Las Palmas de Gran Canaria, Spain

    Carlos M. Travieso-González

  4. Department of Computer Applications, JSS Science and Technology University, Mysuru, India

    V. N. Manjunath Aradhya

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© 2021 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Panda, S.K., Satapathy, S.C. (2021). An Investigation into Smart Contract Deployment on Ethereum Platform Using Web3.js and Solidity Using Blockchain. In: Bhateja, V., Satapathy, S.C., Travieso-González, C.M., Aradhya, V.N.M. (eds) Data Engineering and Intelligent Computing. Advances in Intelligent Systems and Computing, vol 1407. Springer, Singapore. https://doi.org/10.1007/978-981-16-0171-2_52

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