Is code law? Current legal and technical adoption issues and remedies for blockchain-enabled smart contracts
@article{Drummer2020IsCL, title={Is code law? Current legal and technical adoption issues and remedies for blockchain-enabled smart contracts}, author={Daniel Drummer and Dirk Neumann}, journal={Journal of Information Technology}, year={2020}, volume={35}, pages={337 - 360} }
Blockchain technology has enabled so-called smart contracts between different parties on a decentralized network. These self-enforceable and self-executable computerized contracts could initiate a fundamental paradigm shift in the understanding and functioning of our legal practices. Opportunities for their application are increasingly understood, and numerous tests of feasibility have been completed. However, only very few use cases have yet been implemented at scale. This article—as the first…
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