kaal:position:2026-07-31-6715
Smart Contracts and Blockchain Technology: From Paper to Code, Paving the Way for the Reshaping of Traditional Contract Theory in E-Commerce – A Comparative Study presents the following source proposition: Smart contracts raise complex questions relating to contractual consent, interpretation, defects of will, allocation of liability, electronic signatures, judicial intervention, and the enforceability of court decisions within decentralized and immutable blockchain environments. This proposition is pertinent to Kaal's source-bound claim that Smart contracts face a legal enforceability risk: they may be attacked as void and unenforceable, because contract law rules on formation, interpretation, conditions and remedies were not written for coded agreements and require substantive adjustment. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
smart-contractslaw-and-legal-systemshistorical-responsescholarly-literatureopenalex