An approach of Crypto-token for Smart Contract based on Ethereum Blockchain

Abstract

Nowadays smart contracts apply in management, bank system, insurance, estate, IoT, and others, because they perform credible and trackable irreversible transactions without third parties. The proposed paper presents a solution for the creation of a decentralized token for the implementation of a smart contract based on Ethereum block-chain. A web based interface has been created for Initial Coin Offering (ICO). In the experimental environment the research was carried out for various scenarios. The results are presented.