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We investigate financial contract management on distributed ledgers and provide a working solution implemented on the … Ethereum block-chain. The system is based on a domain-specific language for financial contracts that is capable of expressing … terms from contract execution: a contract engine encapsulates the syntax and semantics of financial contracts without …
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contracts run on decentralized blockchain networks. The fact that smart contracts, a new means for parties to digitally trade … instrument presents a fundamental issue for a contract law paradigm based upon promissory obligations. Therefore, smart contracts … offer a novel opportunity to re-examine the foundations of contract theory. The Title-Transfer Theory of Contract, premised …
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