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2 results

  • 15 - Smart Contracts and the Courts

  • from Part V - Smart Contracts
  • Edited by Larry A. DiMatteo, Michel Cannarsa, Cristina Poncibò
  • Book:
    The Cambridge Handbook of Smart Contracts, Blockchain Technology and Digital Platforms
    Published online:
    25 October 2019
    Print publication:
    10 October 2019, pp 271-287

  • Summary

    Chapter 15 derives some general features of smart contracts by examining the technological approach for these contracts proposed by Ethereum and Solidity language. It relies on the concept of ‘interfaces’ to designate the relationships between the computer code of a smart contract and other external elements. According to this chapter, these interfaces are the exact locations of the legal connections between a specific piece of software and the real world. In particular, it argues that the smart contract environment is not a ‘lawyer-free environment’ due to the fact that smart contracts would necessarily interfere with real world persons or institutions that would by the nature of our societies lead to legal issues.