WebJan 1, 2024 · Contracts: Ex Machina Authors: Kevin Werbach Nicolas Cornell Request full-text 20+ million members 135+ million publication pages 2.3+ billion citations No full-text available Evaluation of... WebThe different aims of legal contracts and smart contracts III. Ex post authoritative judgments vs. ex ante automated assessments ... 176-182; K. Werbach & N. Cornell, ‘Contracts Ex Machina ...
Smart Contracts: Technological, Business and Legal Perspectives
WebSeveral contract law scholars argue that smart contracts cannot offer a superior solution to many problems addressed by traditional contract law, such as contract validity and legality. Furthermore, they argue that smart contracts cannot replicate the relational context which is essential for the day-to-day practice of contracting. WebKevin Werbach: A smart contract is an agreement in digital form that is self-executing and self-enforcing. Let’s say that I want to bet Nico about who is going to win the Super Bowl. … storage shelves for file boxes
Smart Contracts and the Cost of Inflexibility - University of …
WebUnderstanding why not brings into focus the essential role of contract law as a remedial institution. In this way, smart contracts actually illuminate the role of contract law more … WebContracts Ex Machina, Kevin Werbach, Nicolas Cornell Articles. Smart contracts are self-executing digital transactions using decentralized cryptographic mechanisms for enforcement. They were theorized more than twenty years ago, but the recent development of Bitcoin and blockchain technologies has rekindled excitement about their potential ... WebMar 21, 2024 · Smart contracts are self-executing digital transactions using decentralized cryptographic mechanisms for enforcement. They were theorized more than twenty … storage shelves for electronics