kaal:claim:3227967-021

A smart contract is computer program code that enables the verification, execution and enforcement of specific terms and conditions of a contractual arrangement.

Source quote, verbatim

A smart contract is a computer program code that enables the verification, execution, and enforcement of specific terms and conditions of a contractual arrangement.

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018), VII. Smart Contracts, p. 24
https://ssrn.com/abstract=3227967 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967

Classification

definitionalsupport: assertedsmart-contractsblockchainlaw-and-legal-systems

Related claims

restates kaal:claim:3227933-017 A smart contract is a computer program code or protocol that automates the verification, execution, and enforc...

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