kaal:claim:3411897-033

Smart contracts undermine counterparties' ability to continue collaborating when unanticipated eventualities arise, because in most cases of unfulfilled parameters the smart contract will simply cancel out rather than allow partial performance.

Smart contracts also undermine counterparties' ability to continue collaboration when unanticipated eventualities arise. In most cases of unfulfilled parameters, the smart contract will simply cancel out.

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019), Part 2: The Present, Unleashing the Power of Decentralization, p. 40
https://ssrn.com/abstract=3411897 · source PDF

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

• unanticipated eventualities and partial performance scenarios

failuresupport: arguedfailure: cancel-out-on-unfulfilled-parametersfamily: smart-contract-rigiditysmart-contracts

• restates kaal:claim:3406323-033 Smart contracts undermine the parties' ability to continue collaborating when unanticipated eventualities aris...
• restates kaal:claim:3405401-011 Smart contracts undermine the ability of counterparties to continue collaborating when unanticipated eventuali...
• restates kaal:claim:3405401-012 Human business interaction typically requires the possibility that each party may fulfill only a portion of an...

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