kaal:claim:3405401-017
Smart contracts leave counterparty information asymmetries unresolved: the tenant of a smart property cannot fully know whether the landlord is providing a worthy property, and the landlord cannot know in advance how likely the tenant is to destroy the premises.
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In our example above, the tenant of the smart property cannot fully know if the landlord is providing a worthy property. In turn, the landlord cannot know in advance how likely the tenant will destroy the premises.
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failuresupport: arguedfailure: unresolved-information-asymmetryfamily: information-asymmetrydisclosurereputationrisk-and-incentives
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