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Smart contracts and the limits of the “rule of code”

19 March 2024 / Author(s): John Lee
Issue: November 2022 / Categories: Feature

This article considers a key potential value proposition of smart contracts, namely the elimination of performance risk, and the trade-offs required in order to fully realise that potential. On the other hand, it considers the limits of any attempt to utilise smart contracts to oust the applicability of the law and legal systems.

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