Machine-to-machine settlement converts a technical composition into an economic one and imports the apparatus of contract, attribution, and dispute that economic relations require.
Source quote, verbatim
This property converts a technical composition into an economic one and brings with it the entire apparatus of contract, attribution, and dispute that economic relations require.
From
Wulf A. Kaal, Institutional Requirements for Sovereign Local Agent Runtimes (2026), II. The Sovereign Local Agent Runtime as a Class of System, p. 5 https://ssrn.com/abstract=7314479 · source PDF
Cite as
Wulf A. Kaal, Institutional Requirements for Sovereign Local Agent Runtimes (2026). SSRN: https://ssrn.com/abstract=7314479
Holds when
the fourth class-defining property, machine-to-machine settlement
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