entity · derived

Code as law

5 claims across 5 works, 2017–2021.

Derived node: assembled mechanically from the claims carrying code-as-law. A roster, not an adjudicated definition.

Every claim under this term

2992962-017 2017 failure: Because smart contracts are coded for computer programming rather than for a human observer, courts may not be able to hypothesize a reasonable human's interpretation of a given smart contract.
3071378-006 2017 mechanism: Smart contracting often makes legal contracting unnecessary because smart contracts emulate the logic of legal contract clauses.
3227967-027 2018 predictive: In a digital world trust can be embedded directly in software code, and recent interest in smart contracts suggests this will be a significant growth area in the near future.
3405401-007 2019 mechanism: The inherent mathematical logic of computerized code in smart contracts can clarify the parties' intent optimally, which increases certainty, creates efficiency, and thereby incentivizes commerce.
3808873-019 2021 mechanism: As code proliferates as law, the democratic legitimacy of coded legal arrangements is increasingly called into question, because private actors have assumed governance tasks traditionally belonging to