Smart contracts - dumb idea
Smart contracts - dumb idea
Increasingly in e-commerce, smart contracts have relied on the code as the contract. But code can be hacked and fail, leaving multiple parties potentially exposed to legal gray areas, great financial loss, and little recourse. Here, Kieron O'Hara considers the ramifications of such contracts by exploring what happened when the Ethereum platform was hacked in the summer of 2016.
Blockchain, smart contracts, e-commerce
97-101
O'hara, Kieron
0a64a4b1-efb5-45d1-a4c2-77783f18f0c4
March 2017
O'hara, Kieron
0a64a4b1-efb5-45d1-a4c2-77783f18f0c4
Abstract
Increasingly in e-commerce, smart contracts have relied on the code as the contract. But code can be hacked and fail, leaving multiple parties potentially exposed to legal gray areas, great financial loss, and little recourse. Here, Kieron O'Hara considers the ramifications of such contracts by exploring what happened when the Ethereum platform was hacked in the summer of 2016.
Text
ohara digital citizen smart contracts
- Accepted Manuscript
More information
Accepted/In Press date: 5 January 2017
Published date: March 2017
Keywords:
Blockchain, smart contracts, e-commerce
Identifiers
Local EPrints ID: 417679
URI: http://eprints.soton.ac.uk/id/eprint/417679
PURE UUID: 5f0d53c5-783d-469e-87ac-66b93aea9806
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Date deposited: 09 Feb 2018 17:30
Last modified: 16 Mar 2024 03:20
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