arbiter
JournalsAccount

Decoding Smart Contracts: Technology, Legitimacy, & Legislative Uniformity

Jared Arcari

Fordham Journal of Corporate & Financial Law2019article
ABDC B
Weight
0.71

Abstract

Blockchain technology is increasingly permeating the everyday lives of countless people. Applications of the cutting-edge technology range from secured banking to tracking mortgage titles. A particular blockchain technology, dubbed “smart contracts,” has the potential to revolutionize how individuals and companies securely contract with each other. Smart contracts, however, are not widely employed, mainly because potential users are uncertain of their enforceability as contracts under existing state contract laws. Similar skepticism slowed the acceptance of electronic signatures in the late 1990s, but was resolved ultimately through a model uniform act recognizing electronic signatures’ effectiveness across interstate borders. This Note proposes a similar solution for smart contracts based on a review of current state legislative developments and existing laws regulating blockchain technology.

7 citations

Cite this paper

@article{jared2019,
  title        = {{Decoding Smart Contracts: Technology, Legitimacy, & Legislative Uniformity}},
  author       = {Jared Arcari},
  journal      = {Fordham Journal of Corporate & Financial Law},
  year         = {2019},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Decoding Smart Contracts: Technology, Legitimacy, & Legislative Uniformity

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.71

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.98 × 0.4 = 0.39
M · momentum0.66 × 0.15 = 0.10
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.