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The Hazards of Misusing the Smart Contract: An AHP Approach to Its Risk

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Document pages: 20 pages

Abstract: This article explores four critical groups of systematic risk embedded in smartcontract employment using the analytic hierarchy process (AHP). The fourprincipal risk analysis groups include: 1) transparency in the light of corporategovernance 2) IT security 3) contract management automation and 4)legality. The AHP assists both decision-makers and stakeholders alike in theevaluation process essential for identifying potential technological constraintsposed within a permissioned blockchain environment using peer-to-peerformat in the absence of digital currency. Based upon critical assessment, theAHP methodology enables pairwise comparisons among different featuresand consequently increases the knowledge regarding these attributes in lightof the software’s risk assessment.

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