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A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...

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 ...

UK banking giant Barclays and University College London have set forth their initial vision for smart contracts in a new position paper. Released this week, the 15-page research effort explores the ...

Professor Michael Mainelli is executive chairman of Z/Yen Group and principal advisor to Long Finance. Bob McDowall is an Associate of Z/Yen and additionally chairman of the policy and finance ...

A big part of that is “smart contracts,” a revolutionizing aspect of this technology that automates trust and takes greater steps towards transparency, which can help with execution of supplier ...

Despite the CFTC’s focus on virtual currencies and DLT, however, the CFTC, to date, has not directly addressed how liability for CEA violations involving DLT should be allocated among the various ...