Smart contracting on the blockchain often makes legal contracting unnecessary because smart contracts emulate the logic of legal contract clauses.
Source quote, verbatim
Through blockchain technology, smart contracting often makes legal contracting unnecessary as smart contracts often emulate the logic of legal contract clauses.
From
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), IV. Blockchain Technology, p. 12 https://ssrn.com/abstract=2959730 · source PDF
Cite as
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730
Holds when
contract terms whose logic can be expressed in computer code
restated_bykaal:claim:2998033-002 Smart contracting on blockchain platforms often makes legal contracting unnecessary, because smart contracts e...
restated_bykaal:claim:3002908-018 Smart contracting often makes legal contracting unnecessary, because smart contracts frequently emulate the lo...
restated_bykaal:claim:3071378-006 Smart contracting often makes legal contracting unnecessary because smart contracts emulate the logic of legal...
restateskaal:claim:2939127-019 Smart contracting on a blockchain often makes conventional legal contracting unnecessary, because smart contra...
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