What is smart legal contract? Back to list

Member SinceJul 08, 2021

Posts 526

Sterling

May 19, 2022 a 02:45
This is most likely the most evident. Contracts, for the most part, if not all, are legally binding. Smart legal contracts are contracts that contain stringent legal consequences if the parties engaged in the contract fail to meet the aim of their transaction without including too many technological obstacles. As previously stated, present legal frameworks in many countries and regions do not provide enough support for smart and automated contracts on the blockchain, and their legal status is ambiguous. a the a the the the the the an an an an an an an an an an an an an a

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