Blockchain Industry 5.0: Next Generation Smart Contract and Decentralized Application Platform

There has been immense rise in the rapid usage of modern and improved applied science as well as innovation in order to sustain more sentient data without beiVng emanated from the source. This improved change in technology assist without being overlooked the records wherethe intruders try to make an entry in approaching the data. But not all the advanced technology in recent times provide a safe guard method in protecting the data, it may leads to certain issues based on the inconstancy. Some major issues prevailing in bitcoin are low scalability, lack of privacy, not proper regulation, relating security problems and also lack of adequate skill sets. These features are prominent in protecting the significant data. Here we devised an Industry 5.0 based blockchain application to deal with implementing the concept of Smart Contracts which allow the users to create distributed apps (Dapps) overEthereum. In Bitcoin, there is no standard logic to calculate the transaction fee, but in Ethereum, there is a defined process to calculate the transaction fee. This smart contract address is thus useful for storing all the details about the smart contracts and it will not be controlled by any of the keys used by the users.