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Blockchain Smart Contract Theory Behind

The smart contract in Blockchain is a kind of software application that works without human intervention based on the transaction logs and provide a solution to the user request. 
I want to share the back end mechanism in the Smart Contract of Blockchain.

Smart Contract Mechanism What is Smart ContractA smart contract is a protocol which can auto-execute, facilitate, verify, or enforce the negotiation of a contract.Agreement between two parties you can say as a contract.Incorporating the rules of the physical contract into the computing world, you can say as a smart contractBlockchain supports you to create smart contracts.Smart Contracts are self-executing programs which run on the blockchain and are capable of enforcing rulesUsing Blockchain as a platform and making an agreement or contract between more than two parties, you can say as Smart Contract.Traditional Markets  4 Top Benefits of Smart ContractCurrently, smart contracts are being used only in Crypto CurrenciesNow Smart Contra…
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Migrate to Cloud Quickly top Tool CloudFormation

AWS CloudFormation is a service that helps you model and set up your Amazon Web Services resources so that you can spend less time managing those resources and more time focusing on your applications that run in AWS.

You create a template that describes all the AWS resources that you want (like Amazon EC2 instances or Amazon RDS DB instances), and AWS CloudFormation takes care of provisioning and configuring those resources for you.

cloud formation
You don't need to individually create and configure AWS resources and figure out what's dependent on what; AWS CloudFormation handles all of that.

Managing Infrastructure

  • For a scalable web application that also includes a back-end database, you might use an Auto Scaling group, an Elastic Load Balancing load balancer, and an Amazon Relational Database Service database instance. 
  • Normally, you might use each individual service to provision these resources. And after you create the resources, you would have to configure them to work together. All these tasks can add complexity and time before you even get your application up and running. 
  • Instead, you can create or modify an existing AWS CloudFormation template. A template describes all of your resources and their properties. 
  • When you use that template to create an AWS CloudFormation stack, AWS CloudFormation provisions the Auto Scaling group, load balancer, and database for you. After the stack has been successfully created, your AWS resources are up and running.You can delete the stack just as easily, which deletes all the resources in the stack. By using AWS CloudFormation, you easily manage a collection of resources as a single unit.

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