kaal:claim:3405401-012

Human business interaction typically requires the possibility that each party may fulfill only a portion of an intended collaboration, a partial performance option that mathematically rigid smart contracts do not accommodate.

Source quote, verbatim

Human business interaction also typically requires the possibility that each party may fulfill only a portion of any intended collaboration.

From

Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019), IV. Downsides of Smart Contracts, p. 5
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

partial performance is contemplated by the parties

Classification

failuresupport: arguedfailure: no-partial-performancefamily: smart-contract-rigiditysmart-contracts

Related claims

restated_by kaal:claim:3411897-033 Smart contracts undermine counterparties' ability to continue collaborating when unanticipated eventualities a...
restated_by kaal:claim:3406323-033 Smart contracts undermine the parties' ability to continue collaborating when unanticipated eventualities aris...

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