For the lawyer, yes. Smart legal contracts aid in the reduction of transaction costs for orgs; of which disputes are simply one type. The issue is loading transaction costs at the frontend v backend.https://twitter.com/saksappeal/status/1167095925862522881 …
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Replying to @peterhunn
What kind of contracts are these, though? Like, give me examples. I’m sure there are some, but it seems to be more of a niche application than the revolutionary game changer some blockchain boosters make it out to be... but I’m not convinced either way yet
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Replying to @saksappeal
That is because we bind to blockchain and notions of “self-execution” indiscriminately. We should think “computable contracts”. Recent examples: https://www.clydeco.com/insight/reports/connected-contracts-for-parametric-insurance …; https://momentum.docusign.com/#docusign-smart-contracts-vision-demo-mcfly-ridesharing …; https://www.bakerlaw.com/press/bakerhostetler-links-with-clause-brings-blockchain-based-legal-agreements-to-market-in-the-freight-transportation-industry ….
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Replying to @peterhunn @saksappeal
This is the issue:https://blog.iaccm.com/commitment-matters-tim-cummins-blog/the-cost-of-a-contract …
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See @AccordHQ - you can use this for any form of computable contract. Connect to any data source. @linuxfoundation open source.
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