Democratization of Smart Contracts: A Prototype for Automated Contract Generation

Abstract

The blockchain technology gets attention because of its special characteristics: safety, immutability, transparency, and no need for middlemen. However, not only cryptocurrencies are discussed. Smart contracts are considered as promising application implemented with blockchain technology. Nevertheless, smart contracts are very difficult to implement and are even challenging for experienced developers. In order to allow anyone to create smart contracts, users should be able to read and interpret them. Therefore, we created a prototype that allows to generate smart contracts, and therefore, increase the ease of use.