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Increasing standardization for smart(er) contracts
Uniform Law Review Pub Date : 2021-12-11 , DOI: 10.1093/ulr/unab022
Tarek Kadour Aleinieh 1 , Laura Zoboli 2
Affiliation  

Legal standardization traditionally played an important role in contractual relations. With technological and commercial development and expansion of trade from the individual and collective levels to internationalization, it became necessary to create a set of standards to keep pace with this development and facilitate the contractual process. Although smart contracts are considered a leap in the contractual relationship, it cannot be overlooked that these contracts share many characteristics with traditional contracts. To gain a greater position in the global market, smart contracts also need to be well functioning and efficient. In this context, the article tackles the phenomenon of legal standardization and identifies the main weaknesses of smart contracts—to answer two crucial questions: how can these contracts be smarter, and how should we employ standardization to ensure their efficiency?

中文翻译:

提高智能合约的标准化

法律标准化传统上在合同关系中发挥着重要作用。随着技术和商业的发展以及贸易从个人和集体层面向国际化的扩展,有必要制定一套标准来跟上这种发展并促进合同过程。虽然智能合约被认为是合约关系的一次飞跃,但不可忽视的是,这些合约与传统合约有很多共同特点。为了在全球市场上获得更大的地位,智能合约还需要运行良好且高效。在此背景下,本文探讨了法律标准化现象并确定了智能合约的主要弱点——回答两个关键问题:这些合约如何变得更智能,
更新日期:2021-12-11
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