This paper explores how KRYPT uses smart contracts and the Ethereum Blockchain to facilitate transfers of Ethereum in a novel way. Through the use of blockchain technology, KRYPT guarantees asset transactions that are safe, transparent, and effective. By using private keys and encryption, users may benefit from increased security, which allays worries about theft or hacking. The removal of middlemen also simplifies the transfer procedure, and real-time tracking guarantees safe and timely delivery of payments. By giving users on the Ethereum Blockchain more security, effectiveness, and control, KRYPT is a major development in Ethereum transactions. Keywords— Blockchain, Smart-Contract, Ethereum, EVM, ERC20 Token, Ethereum Blockchain.
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V. S. More (2024) studied this question.
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