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Research Article | Open Access
Volume 14 2022 | None
Legal adaptation of smart contracts (analytical study)
PhD researcher. ammarabdulhussainali shah Dr. jalielhassan alsadiey
Pages: 1802-1807
Abstract
The statement of the legal characterization of smart contracts, is a legal adaptation and not a legal nature, as the latter is intended to subject the incident to the law to which it is subject to the law subject to it in accordance with the legislative purpose, but the adaptation is the view of the reality of the law more in harmony with it here lies the difficulty of the process from a legal point of view, and as a result of the novelty and seriousness of smart contracts we have shown different opinions on the issue of determining the legal status of these smart contractual models, Some have argued that they are not legally contracts, but rather software algorithms, while others have argued that these smart contractual models are contracts in the legal sense, and each direction looks at the idea of smart contracts from their own perspective and analysis and is based on arguments and justifications in adopting their opinion
Keywords
air conditioning, smart contracts, artificial intelligence, digital technology
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