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> There are thousands of standardized contracts that are signed by thousands of people and only a small percentage of them end up in conflict But how many cont
by Joeboy 9y ago
> There are thousands of standardized contracts that are signed by thousands of people and only a small percentage of them end up in conflict
But how many contracts are there where nothing can be disputed? That seems to me to be the case where a smart contract could be useful. If you're relying on the parties to be honest and compliant then you've gained nothing by having a smart contract, afaics. All you've done is introduced some extra mess into the existing tangle of legal and informal incentives and disincentives.
I'm open to suggestions but I'm not sure many such use cases exist. To the extent they do (eg. provably fair casinos), I'm not sure they provide anything compelling over existing dumb alternatives.