Скачать или смотреть How Does Contract Law Apply To Self-executing Smart Contracts? - AI and Technology Law

How Does Contract Law Apply To Self-executing Smart Contracts? Are you curious about how digital agreements are changing the legal landscape? In this video, we explore how contract law interacts with self-executing smart contracts and what this means for the future of legal transactions. We'll start by explaining the basic principles of traditional contract law, including offer, acceptance, and consideration, and how these elements apply to smart contracts stored on blockchain technology. You'll learn how these digital agreements operate automatically once certain conditions are met, providing transparency and efficiency in various industries like payments and asset transfers.

We’ll discuss the legal challenges that arise from the immutability of blockchain and how courts are beginning to treat smart contracts—whether as fully binding or needing some flexibility. The video also covers the role of traditional legal agreements alongside smart contracts, especially when subjective judgment or dispute resolution is involved. Additionally, we'll look at how legal systems are adapting to address liability issues, cross-border operations, and regulatory concerns related to this innovative technology.

Whether you're a legal professional, a technology enthusiast, or a business owner, understanding the intersection of contract law and blockchain technology is essential. Join us to stay informed about how these legal principles are evolving to meet the demands of modern digital transactions.

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About Us: Welcome to AI and Technology Law, your go-to source for accessible discussions on important topics in the intersection of law and technology. Our channel covers a range of subjects including Artificial Intelligence Regulation, Data Privacy Laws, Intellectual Property and AI, Algorithmic Accountability, Tech Ethics and Law, AI Bias and Discrimination, and GDPR and Data Compliance. We aim to provide clear and informative content to help you navigate the evolving legal landscape surrounding emerging technologies and cybersecurity regulations.