kaal:claim:3227933-018

Smart contracts will become more prevalent as the Internet of Things grows, because the more devices are connected to each other, the more smart contracts will be used to execute and enforce legal transactions.

Source quote, verbatim

Such smart contracts will become more prevalent in the growing world of the Internet of Things. As more devices are connected to each other, the more "smart contracts" will be used to execute and enforce "legal transactions."

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 4. Smart Contracts, p. 12
https://ssrn.com/abstract=3227933 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

Holds when

growth of connected devices

Classification

predictivesupport: arguedsmart-contracts

Related claims

extended_by kaal:claim:3227967-022 Smart contract use scales with device connectivity: the more devices are connected to each other, the more sma...

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