kaal:claim:2939127-019

Smart contracting on a blockchain often makes conventional legal contracting unnecessary, because smart contracts emulate the logic of legal contract clauses.

Source quote, verbatim
Through blockchain technology, smart contracting often makes contractual legal contracting unnecessary as smart contracts often emulate the logic of legal contract clauses.
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
Classification

mechanismsupport: arguedsmart-contractsblockchainlaw-and-legal-systemsdecentralization

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