Smart contract arrangements involving several parties and greater complexity require the verifiable and unhackable system that blockchain technology supplies.
Source quote, verbatim
More complex smart contract arrangements in which several parties are involved require a verifiable and unhackable system provided by blockchain technology.
From
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017), III.1. Blockchain Technology Defined, p. 22 https://ssrn.com/abstract=2939127 · source PDF
Cite as
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127
Holds when
multiparty and complex smart contract arrangements
restated_bykaal:claim:2959730-021 Complex smart contract arrangements involving several parties require a verifiable and unhackable system, whic...
restated_bykaal:claim:3002908-017 Complex smart contracts involving several parties can only work if they rest on a verifiable and unhackable sy...
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