TY - GEN
T1 - Smart contracts for creating transparent transactions to reduce corruption
AU - Darusalam, Subst
AU - Janssen, Marijn
AU - Said, Jamaliah
AU - Omar, Normah
AU - Indra Saputra, Muhammad
N1 - Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.
PY - 2023
Y1 - 2023
N2 - Corruption is widely spread and not easy to avoid. Blockchain-based smart contract technology enables the opportunity to develop transactions in such a way that corruption should not be possible. In this paper, we develop and evaluate an arrangement based on blockchain-based smart contracts to avoid and reduce corruption. Smart contracts are used for buying and selling goods, in which the public must agree that the goods arrived and are used to contribute to the creation of societal value. Only then will the supplier be paid. Al transaction data is stored in a blockchain and opened to the public to create transparency. In this way, the price of the good and the sellers can be inspected to avoid price manipulation and nepotism. The smart contract avoids the likelihood that corruption will happen, and it can be spotted if it happens.
AB - Corruption is widely spread and not easy to avoid. Blockchain-based smart contract technology enables the opportunity to develop transactions in such a way that corruption should not be possible. In this paper, we develop and evaluate an arrangement based on blockchain-based smart contracts to avoid and reduce corruption. Smart contracts are used for buying and selling goods, in which the public must agree that the goods arrived and are used to contribute to the creation of societal value. Only then will the supplier be paid. Al transaction data is stored in a blockchain and opened to the public to create transparency. In this way, the price of the good and the sellers can be inspected to avoid price manipulation and nepotism. The smart contract avoids the likelihood that corruption will happen, and it can be spotted if it happens.
UR - https://www.scopus.com/pages/publications/85167867931
U2 - 10.1145/3598469.3598509
DO - 10.1145/3598469.3598509
M3 - Conference contribution
AN - SCOPUS:85167867931
T3 - ACM International Conference Proceeding Series
SP - 355
EP - 361
BT - Proceedings of the 24th Annual International Conference on Digital Government Research - Together in the Unstable World
A2 - Cid, David Duenas
PB - Association for Computing Machinery (ACM)
T2 - 24th Annual International Conference on Digital Government Research - Together in the Unstable World: Digital Government and Solidarity, DGO 2023
Y2 - 11 July 2023 through 14 July 2023
ER -