Complex smart contracts involving several parties can only work if they rest on a verifiable and unhackable system, which is what blockchain technology supplies.
Source quote, verbatim
Complex smart contracts involving several parties need to rely on a verifiable and unhackable system provided by blockchain technology.
From
Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), II.2. Smart Contracting, p. 10 https://ssrn.com/abstract=3002908 · source PDF
Cite as
Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908
Holds when
applies to multiparty smart contracts of higher complexity, such as derivative contracts
restateskaal:claim:2939127-018 Smart contract arrangements involving several parties and greater complexity require the verifiable and unhack...
restateskaal:claim:2959730-021 Complex smart contract arrangements involving several parties require a verifiable and unhackable system, whic...
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