Shree, N. Vani and Anil, S. M.
The impact of blockchain on contract law: Smart contracts and legal enforcement - World Affairs: The Journal of International issues - 29(1), Jan-Mar, 2025: p.150-165
N Vani Shree and Anil S M explore how smart contracts work, their enforceability in different countries, and the challenges they bring to traditional legal systems. Blockchain technology, with its decentralised and immutable nature, has introduced significant transformations in various sectors, including finance, supply chains, and legal frameworks. The distributed ledger technology (DLT) underlying blockchain offers a secure, transparent, and tamper-resistant method for recording transactions. Smart contracts are self-executing digital agreements that automatically enforce the terms of the contract when predefined conditions are met, removing the need for intermediaries, such as lawyers or banks, to enforce contract terms.- Reproduced
https://www.worldaffairsjournal.com/content.php
The impact of blockchain on contract law: Smart contracts and legal enforcement - World Affairs: The Journal of International issues - 29(1), Jan-Mar, 2025: p.150-165
N Vani Shree and Anil S M explore how smart contracts work, their enforceability in different countries, and the challenges they bring to traditional legal systems. Blockchain technology, with its decentralised and immutable nature, has introduced significant transformations in various sectors, including finance, supply chains, and legal frameworks. The distributed ledger technology (DLT) underlying blockchain offers a secure, transparent, and tamper-resistant method for recording transactions. Smart contracts are self-executing digital agreements that automatically enforce the terms of the contract when predefined conditions are met, removing the need for intermediaries, such as lawyers or banks, to enforce contract terms.- Reproduced
https://www.worldaffairsjournal.com/content.php