kaal:claim:3405401-003

Smart contracts make decentralized commerce between anonymous parties possible because they provide automated contracting that self executes and self regulates according to mathematical strictures.

Source quote, verbatim

Smart contracts allow anonymous parties to engage in decentralized commerce by providing automated contracting that self-executes and self-regulates according to mathematical strictures.

From

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019), I. Introduction, p. 3
https://ssrn.com/abstract=3405401 · source PDF

Cite as

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401

Holds when

parties are anonymous
transaction occurs in a decentralized environment

Classification

mechanismsupport: assertedsmart-contractsdecentralization

Related claims

extended_by kaal:claim:3406323-030 Smart contracts enable anonymous parties to engage in decentralized commerce because automated contracting sel...

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