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Jimmy, an excellent article. It inspired me to share our experience with corporate smart contracts. Particularly, with regards to their business use cases and their legal integration models. https://medium.com/@anton.vashkevich/smart-contracts-from-magic-to-disbelief-and-back-to-reality-cf2e51e267b5 I also extended a bit on whether cryptocurrencies and blockchain are really essential for smart contracts and what the lawyers role could actually look like. I’d be happy to learn your and your readers thoughts on that.…
Smart Contracts: from Magic to Disbelief and Back to Reality Smart contracts got a lot of hype. It was promised that they could replace banks, notaries and even the judicial system. Over time, it turned out that they can’t. Excitement changed to caution. Technical limits, their security, and legal issues are getting more and more attention. For example, there’s a great summary of those in Jimmy Song’s article, The Truth about Smart Contracts[1](which I…