“Smart Contracts: Is the Law Ready?”

“Smart Contracts: Is the Law Ready?” 

The Smart Contracts Alliance’s newest white paper features legal experts discussing how existing law may be applied to smart contracts. “Smart Contracts: Is the Law Ready?” is the second comprehensive paper from the Smart Contracts Alliance, as viewed through a legal lens by renowned thought leaders in the blockchain ecosystem and is an essential step toward increasing the adoption of this transformative technology.

The paper is comprised of the following sections:

  • Smart Contracts Lexicon
  • Legal Challenges Associated with the Formation, Modification, and Enforcement of Smart Legal Contracts
  • Smart Contracts, Blockchain and Commercial Law
  • The U.C.C. and State Law Issues in Smart Contracts