| LC control no. | sh2019103057 |
|---|---|
| Topical heading | Smart contracts |
| Variant(s) | Self-executing contracts Smart contracts--Law and legislation |
| See also | Electronic contracts |
| Found in | Work cat: Ortega Gimenez, A. "Smart contracts" y derecho internacional privado, 2019: back cover ([translated from the Spanish, and slightly rephrased for clarity]: smart contracts are a new technology capable of designing contracts between individuals with the capacity to run without third-party mediation and based on the revolutionary blockchain technology) Investopedia, accessed Oct. 16, 2019 A smart contract is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. The code controls the execution, and the transactions are trackable and irreversible ... Smart contracts were first proposed in 1994 by Nick Szabo, an American computer scientist ... He defined smart contracts as computerized transaction protocols that execute terms of a contract) Smart contracts : the blockchain technology that will replace lawyers, accessed Oct. 16, 2019 (A computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract) |
| Not found in | Black's law dictionary; Butterfield, Andrew (ed.). A dictionary of computer science, 2016; Law.com legal dictionary, accessed Oct. 16, 2019 |
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