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Implementation of Employment Contract using Smart Contract
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Abstract

Ethereum is a technology that is home to digital money, global payments, and applications[1]. Ethereum is a blockchain network that has smart contract functionality. The runtime environment for transactions in ethereum is called Ethereum Virtual Machine (EVM). In other words, EVM is a software framework that allows developers to create Ethereum-based decentralized applications (DApps). Due to EVM popularity and its wide adoption from developers, many emerging new blockchain are including EVM in their architecture. Thus, enabling the application built on the ethereum network to be deployed in their network without making any changes. This research aims to find the possibilities of smart contracts for employment contracts as opposed to traditional paper contracts. We will start to design and plan the structure of smart contracts for signing and employment contracts (RQ1), and then find out their benefits and their problems (RQ2). We start with designing the smart contract and deploy it to the Ethereum network making sure we take the necessary approach to guarantee contract safety. Then, we create a web app to make it easier to interact with the contract. It should be noted that smart contracts are immutable once deployed. Hence, it is crucial to test the application to ensure that it can be safely used for the public. Finally, we analyze some data regarding wage theft and current Ethereum loan protocol and find out how these smart contract implementation of Employment contract can solve some wage theft issues.
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