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SMART CONTRACT IN CONTRACT LAW
Journal of Foreign Legislation and Comparative Law, 2019 openaire +1 more source
ACM Transactions on Software Engineering and Methodology, 2020 Smart contracts are automated or self-enforcing contracts that can be used to exchange assets without having to place trust in third parties. Many commercial transactions use smart contracts due to their potential benefits in terms of secure peer-to-peer transactions independent of external parties. Experience shows that many commonly used
David Lo, Abhik Roychoudhury
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2020
The rise of smart contracts executed on blockchain and other distributed ledger technologies enabled trustless yet decentralised computation. Various applications take advantage of this computational model, including enforced financial contracts, self-sovereign identity and voting.
Gordon J. Pace +2 more
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The rise of smart contracts executed on blockchain and other distributed ledger technologies enabled trustless yet decentralised computation. Various applications take advantage of this computational model, including enforced financial contracts, self-sovereign identity and voting.
Gordon J. Pace +2 more
openaire +1 more source
2020
The traditional financial system has the ability to facilitate forensic investigations into crimes relating to financial fraud. The same cannot be said about the blockchain-based financial system that has come to exist over the past few years. This financial system does not tolerate third parties impeding transactions and so presents the problem of not
Byron Kruger, Wai Sze Leung
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The traditional financial system has the ability to facilitate forensic investigations into crimes relating to financial fraud. The same cannot be said about the blockchain-based financial system that has come to exist over the past few years. This financial system does not tolerate third parties impeding transactions and so presents the problem of not
Byron Kruger, Wai Sze Leung
openaire +2 more sources
Blockchain and Smart Contracts
Proceedings of the 2019 8th International Conference on Software and Information Engineering, 2019This paper presents an introduction to the current state of art of the Blockchain and Smart Contract technologies. Blockchain is a fast-disruptive technology becoming a key instrument in share economy. The Blockchain-based Smart Contract aim to automatically and securely execute the needed responsibilities of a contract without the support of a ...
Manar Abdelhamid, Ghada Hassan
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Smart Contract Microservitization
2020 IEEE 44th Annual Computers, Software, and Applications Conference (COMPSAC), 2020A smart contract is a computable protocol that automatically enforces contract terms in a computer, transforming real-world contract terms into digital promises of the virtual world. Early smart contracts have been stuck in the theoretical phase due to the lack of a credible execution environment and the means to control digital assets.
Siyuan Wang +4 more
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2020
The abilities of smart contracts today are confined to reading from their own state. It is useful for a smart contract to be able to react to events and read the state of other smart contracts. In this paper, we devise a mechanism by which a derivative smart contract can read data, observe the state evolution, and react to events that take place in one
Kostis Karantias +2 more
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The abilities of smart contracts today are confined to reading from their own state. It is useful for a smart contract to be able to react to events and read the state of other smart contracts. In this paper, we devise a mechanism by which a derivative smart contract can read data, observe the state evolution, and react to events that take place in one
Kostis Karantias +2 more
openaire +2 more sources
European Review of Private Law, 2018
Abstract: The computer language (computer code) on the basis of which smart contracts are written is different from the natural (Human) language. Computer language is a ‘dry’ language, whereas natural language is ‘wet’. In other words, it means that computer language is deterministic (just one meaning and one result are conceivable), when natural ...
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Abstract: The computer language (computer code) on the basis of which smart contracts are written is different from the natural (Human) language. Computer language is a ‘dry’ language, whereas natural language is ‘wet’. In other words, it means that computer language is deterministic (just one meaning and one result are conceivable), when natural ...
openaire +1 more source