kaal:claim:3406323-036

Decentralized reputation verification is the backstop for smart contracting: it makes mathematically rigid smart contracts more adjustable for business needs and validates smart contract templates, which raises counterparty trust and removes the need for costly back-testing.

Decentralized reputation verification systems enable mathematically rigid smart contracts to become more adjustable for the needs of business. Reputation verification becomes the backstop for smart contracting.

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), VI. Evolution, p. 17
https://ssrn.com/abstract=3406323 · source PDF

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

• decentralized smart contract based commerce
• the code is law standard is retained

designsupport: arguedreputationsmart-contracts

• extends kaal:claim:3405401-029 Decentralized reputation verification systems enable mathematically rigid smart contracts to become more adjus...
• restated_by kaal:claim:3411897-037 Decentralized reputation verification systems make mathematically rigid smart contracts more adjustable for th...
• extends kaal:claim:3405401-031 Validated smart contract templates increase trust for counterparties and remove the need for costly back testi...
• extends kaal:claim:3405401-018 Counterparty trust in the programmed parameters of a smart contract is more justified in simpler contracts, an...
• extends kaal:claim:3405401-030 The rigorous code is law standard associated with smart contracting can be upheld while still gaining flexibil...

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