kaal:claim:5554218-031

The Universal Digital Law Codex should require smart contracts to carry clear, human readable terms alongside their coded protocols, so that the parties' assent to automated terms satisfies the common law standard of mutual understanding.

Source quote, verbatim

For example, UDLC mandates that smart contracts incorporate clear, human-readable terms alongside coded protocols, ensuring that parties' assent to automated terms meets the common law standard of mutual understanding.

From

Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025), 6.2 Resolving Challenges in Smart Contract Formation, p. 34
https://ssrn.com/abstract=5554218 · source PDF

Cite as

Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025). SSRN: https://ssrn.com/abstract=5554218

Holds when

smart contracts intended to be enforceable as common law contracts

Classification

designsupport: arguedlaw-and-legal-systemssmart-contracts

Related claims

extends kaal:claim:2992962-017 Because smart contracts are coded for computer programming rather than for a human observer, courts may not be...

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