Case Studies of Contractual (Legal) Automation Using Smart Contracts

From Design Computation
Revision as of 08:27, 21 February 2022 by Abel Maciel (talk | contribs)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search
CBC-Logo.png
CBC 2021 presentation by Vimal Dwivedi.

Abstract

Smart contracts are a key component of today’s blockchains. They are critical in controlling decentralized autonomous organizations (DAO). However, smart contracts are not yet legally binding nor enforceable; this makes it difficult for businesses to adopt the DAO paradigm. Therefore, this study reviews existing Smart Contract Languages (SCL) and identifies properties that are critical to any future SCL for drafting legally binding contracts. This is achieved by conducting a Systematic Literature Review (SLR) of white- and grey literature published between 2015 and 2019. Using the SLR methodology, 45 Selected and 28 Supporting Studies detailing 45 state-of-the-art SCLs are selected. Finally, 10 SCL properties that enable legally compliant DAOs are discovered, and specifications for developing SCLs are explored.

Presentation

Left Recording of the presentation is available here.

Keywords

Blockchain,Collaboration, Construction 4.0.

Reference

DOI: https://doi.org/10.47330/CBC.2021.EOCJ4680

Retrieved from "http://wiki.designcomputation.org/home/index.php?title=Case_Studies_of_Contractual_(Legal)_Automation_Using_Smart_Contracts&oldid=26213"