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Smart Legal Contracts - Computable Law in Theory and Practice (Hardcover)
Loot Price: R3,516
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Smart Legal Contracts - Computable Law in Theory and Practice (Hardcover)
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Smart Legal Contracts: Computable Law in Theory and Practice is a
landmark investigation into one of the most important trends at the
interface of law and technology: the effort to harness emerging
digital technologies to change the way that parties form and
perform contracts. While developments in distributed ledger
technology have brought the topic of 'smart contracts' into the
mainstream of legal attention, this volume takes a broader approach
to ask how computers can be used in the contracting process. This
book assesses how contractual promises are expressed in software
and how code-based artefacts can be incorporated within more
conventional legal structures. With incisive contributions from
members of the judiciary, legal scholars, practitioners, and
computer scientists, this book sets out to frame the borders of an
emerging area of law and start a more productive dialogue between
the various disciplines involved in the evolution of contracts as
software. It provides the first step towards a more disciplined
approach to computational contracts that avoids the techno-legal
ambiguities of 'smart contracts' and reveals an emerging taxonomy
of approaches to encoding contracts in whole or in part. Conceived
and written during a time when major legal systems began to engage
with the advent of contracts in computable form, and aimed at a
fundamental level of enquiry, this collection will provide
essential insight into future trends and will provide a point of
orientation for future scholarship and innovation.
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