Smart contracts cannot by themselves carry human business interactions, because those interactions require flexibility in interpreting intent that is at odds with the merciless mathematical logic of smart contract code.
Source quote, verbatim
Human business interactions require a flexibility that is at odds with the merciless mathematical logic of smart contracts.
From
Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018), Motivation, p. 10 https://ssrn.com/abstract=3266953 · source PDF
Cite as
Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018). SSRN: https://ssrn.com/abstract=3266953
Holds when
business collaborations with unanticipated eventualities or partial performance
restated_bykaal:claim:3411897-032 Human business interactions require a flexibility that is at odds with the merciless mathematical logic of sma...
restated_bykaal:claim:3405401-009 Despite their benefits, smart contracts are subject to significant limitations because human business interact...
restated_bykaal:claim:3406323-032 Smart contracts fail to accommodate human business interaction because code does not follow the same logic on ...
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