The recognition of smart contracts in Jersey
Abstract
This article examines Jersey law around the recognition of smart
contracts as enforceable legal contracts. It considers whether
contracting parties should receive a human readable translation of
contractual terms written in computer code to provide valid
contractual consent and whether Jersey law needs to recognise the
concept of an electronic agent. This article concludes that smart
contracts can create enforceable legal contracts under Jersey law
subject to satisfying the usual constituent elements of a contract.
Categories
Law, Social science
Date published
2021
Document type
Article
Organisation
Jersey and Guernsey Law Review
IRR Code
IRR/JGLR/2021.43864
Funder
File Type
pdf