How smart contracts are revolutionizing our society
January 26, 2021
Our modern society knows contracts in different forms. If you buy a chewing gum at a kiosk, you have already entered into a contract with the merchant. The superficial aspect is the exchange of the money for the goods, but from the perspective of the law, there are a lot of factors at play that we don't even consider in such everyday actions.
Our example illustrates the importance of contracts on both a small and a large scale. And that is why today's article is of particular importance, because we are dealing with contracts whose content and validity are guaranteed by blockchain technology.