kaal:claim:2939127-025

Contrary to the widespread belief among legal professionals that code can only handle very simple transactions, blockchain enabled smart contracts generally do not require legal involvement across the spectrum of transactions.

While blockchain-enabled smart contracts generally do not require legal involvement across the spectrum of transactions, legal professionals often still believe that "code" in smart contracts can only deal with very simple transactions

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017), III.4. Limitations, p. 29
https://ssrn.com/abstract=2939127 · source PDF

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

• transactions capable of being coded
• contested against the prevailing view in the legal community

mechanismsupport: arguedsmart-contractslaw-and-legal-systemseducation-and-practiceblockchain

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• Qualification: Model Context Contracts - MCP-Enabled Framework to Integrate LLMs With Blockchain
• Qualification: Model Context Contracts - MCP-Enabled Framework to Integrate LLMs With Blockchain Smart Contracts