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