Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s.

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Smart contracts are often mentioned in blockchain-themed patent applications and recited in claims. However, Examiners without a thorough understanding of this concept or unfamiliar with blockchain ...

1. What is the Law Commission's paper on smart legal contracts? On 25 November 2021, the Law Commission published its advice to the UK government on smart legal contracts (the "Paper") (see here).

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For years, “code is law” served as the rallying cry of a new digital frontier — a promise that rules, once written, would enforce themselves like clockwork. In the early architecture of Web3, smart ...

Smart contracts will have to contain a kill switch under a revision of the European Union’s Data Act published by the bloc’s member states on Monday. The EU’s Council, which represents national ...

While recent headlines may be focused on the meteoric rise of Bitcoin, another disruptive technology derived from the famed cryptocurrency may have even more profound implications for the future: ...

Smart contracts are the worker bees of blockchain technology. Most of the programs that run on blockchains–ranging from financial exchanges to games–are decentralized applications (dapps) that are ...

Have you heard about “smart contracts”? Are they contracts like the kind you sign? What can you do with them right now? Will they replace lawyers? They come up in discussion of the latest investment ...

You eventually might buy or sell a house with a smart contract. Before then, you probably will use them for consumer transactions. A smart contract is a transaction automatically carried out by a ...

Forbes contributors publish independent expert analyses and insights. I write on tech use to drive a positive social and economic impact. Blockchain technology and smart contracts have opened up a ...