SMART CONTRACTS AND PERFORMANCE OF DEPOSIT MONEY BANKS IN ENUGU STATE

The study evaluated the Smart contracts and performance of deposit Money Banks in Enugu State. The specific objectives are to: examine the relationship between Contract Code and fraud reduction; and ascertain the relationship between Digital Signatures and operational efficiency of deposit Money Banks in Enugu State. In the study, descriptive survey research design was employed. Sources of data collection included primary and secondary sources. The total population for the study was two hundred and fifty four (254) staff understudy. The whole population was used to small number. Two hundred and fifty (248) questionnaires were returned and accurately filled. The study found that Contract Code had significant positive relationship with fraud reduction, Z = 10.287, P. = 0.05 and Digital Signatures has relationship with operational efficiency of deposit Money Banks in Enugu State. Z = 10.287, P. = 0.05. The study concluded that Contract Code and Digital Signatures had significant positive relationship with fraud reduction and operational efficiency in deposit Money Banks in Enugu State. The study recommended among others that Deposit money banks in Enugu State should ensure that smart contract codes are thoroughly audited and tested for accuracy, security, and efficiency before deployment to prevent vulnerabilities and operational risks