Smart contracts indubitably fall subject to private international law, a professor of Private International Law at Germany’s Friedrich Schiller University has argued. Blockchain-based smart contracts ...
Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s.
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The mainstream emergence and application of smart contract technology in business transactions will allow lawyers to move past some of the mundanity that few of us relish in the practice of law, and ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Allen & Overy, Freshfields and Slaughter and May are the latest three firms to link up with the Accord Project to develop industrywide standards for legal smart contracts. The Accord Project, a ...
Smart contracts are the worker bees of blockchain technology. Most of the programs that run on blockchains–ranging from financial exchanges to games–are decentralized applications (dapps) that are ...
What’s the utility of a so-called ‘smart contract’ if its enforceability in traditional legal systems is a grey area? Most would agree that thorny questions such as this pose a major constraint on the ...
A lawyer breaks down the existing legislation that determines whether smart contracts are smart, legally binding or a even contract at all. Updated Sep 11, 2021, 1:29 p.m. Published Jun 26, 2017, ...