Contrary to the common engineering view that automated processes remove regulation, the purpose of smart contracts is to deliver much more fine grained regulation and more control, not less.
Source quote, verbatim
In fact, the purpose of smart contracts is to give much more fine-grained regulation, more control, not less.
Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198
Holds when
applies to smart contract mediated business relations such as AI enabled IoT supply chains
Classification
normativesupport: arguedsmart-contracts
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