Smart Contract Based Data Strategy for Startup Growth in Digital Business Systems (Journal of Computer Science and Technology Application)

Summary

• The study explores how smart contract based data strategies can support startup growth in competitive, resource-limited digital business systems.p.1
• It adopts a qualitative research design with a conceptual analytical orientation rather than statistical hypothesis testing.p.5
• The framework has four input dimensions: decentralized data management, automated transaction execution, security and trust assurance, and workflow efficiency.p.7
• The strategy is linked conceptually to SDG 8, SDG 9 and SDG 12.p.5
• Smart contracts are positioned as strategic data governance mechanisms rather than merely technical blockchain tools.p.10

Key insights

1. Smart contracts embed business rules in self executing agreements, letting startups automate transaction validation and reduce manual intervention.p.2
2. Startup growth depends not only on product innovation but also on reliable data management and stakeholder confidence.p.3
3. The four strategy dimensions first strengthen data transparency, stakeholder trust, transaction reliability and operational efficiency, which then support startup growth.p.7
4. Capability maturity can be assessed with indicators such as transaction execution accuracy, validation latency, ledger immutability and data traceability.p.8
5. Managers are advised to build a roadmap including smart contract auditing, access control policies, transaction monitoring and cryptographic validation.p.10