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2016 | OriginalPaper | Chapter

Setting Standards for Altering and Undoing Smart Contracts

Authors : Bill Marino, Ari Juels

Published in: Rule Technologies. Research, Tools, and Applications

Publisher: Springer International Publishing

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Abstract

Often, we wish to let parties alter or undo a contract that has been made. Toward this end, contract law has developed a set of traditional tools for altering and undoing contracts. Unfortunately, these tools often fail when applied to smart contracts. It is therefore necessary to define a new set of standards for the altering and undoing of smart contracts. These standards might ensure that the tools we use to alter and undo smart contracts achieve their original (contract law) goals when applied to this new technology. This paper develops such a set of standards and, then, to prove their worth as a framework, applies to them to an existing smart contract platform (Ethereum).

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previous chapter Minimal Objectification and Maximal Unnesting in PSOA RuleML
next chapter Evaluation of Logic-Based Smart Contracts for Blockchain Systems
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Metadata
Title
Setting Standards for Altering and Undoing Smart Contracts
Authors
Bill Marino
Ari Juels
Copyright Year
2016
Book
Rule Technologies. Research, Tools, and Applications

Print ISBN: 978-3-319-42018-9

Electronic ISBN: 978-3-319-42019-6

Copyright Year: 2016

DOI
https://doi.org/10.1007/978-3-319-42019-6_10

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