“Smart Contracts”. Reflections on its concept, nature and problems in contract law
DOI:
https://doi.org/10.5944/rduned.27.2021.31068Keywords:
smart contract, smart legal contract, blockchain, bitcoin, e-contractAbstract
The institution of the smart contract was conceived at the end of the last century. However, it has been going unnoticed all these years until the development of the technology of blockchain and, in particular, to the «boom» of cryptocurrencies of the late 2017. The development of applications of this technology is increasing and it is necessary to carry out an analysis of the legal consequences of its use. This work seeks to address its concept, its legal nature and seeks to analyses some of the possible legal problems arising from its use in order to be able to find some solutions that make its standardisation in contract law viable.
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