# kaal:claim:2939127-019

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

**Type.** mechanism  **Support.** argued

**Holds when.**

- transactions whose terms can be expressed in code

**Source quote.**

> 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, page 22

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127

**Verify.** sha256 of source PDF `abcef529c7200261c59eec43018375b3b26e3186239fb9d002bacc298dba26ff` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202017%20-%20Legal%20Education%20in%20the%20Blockchain%20Revolution.pdf

**Topics.** smart-contracts, blockchain, law-and-legal-systems, decentralization

**Keywords.** smart-contracts, blockchain, contract-law, disintermediation

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