kaal:claim:3227967-022

Smart contract use scales with device connectivity: the more devices are connected to each other, the more smart contracts will be used to execute and enforce legal transactions, and they are already disrupting traditional legal assumptions, doctrines and concepts.

Source quote, verbatim

The more devices are connected to each other, the more "smart contracts" will be used to execute and enforce "legal transactions." There is no doubt that smart contracts are already disrupting traditional legal assumptions, doctrines, and concepts.

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. 25
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

Holds when

growth of the Internet of Things

Classification

predictivesupport: arguedsmart-contractslaw-and-legal-systems

Related claims

extends kaal:claim:3227933-018 Smart contracts will become more prevalent as the Internet of Things grows, because the more devices are conne...

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