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1. SMART CONTRACTS AND THE COST OF INFLEXIBILITY

Author

Sklaroff, Jeremy M.

Subjects
Economic efficiency -- Analysis -- Research, Contracts -- Models -- Laws, regulations and rules, Blockchains (Databases) -- Usage -- Laws, regulations and rules, Government regulation, Law
Abstract

'Smart contracts' are decentralized agreements built in computer code and stored on a blockchain. Proponents imagine a future where commerce takes place exclusively using smart contracts, avoiding the high costs [...]

Published
2017

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