Re:There's No Good Reason to Trust Blockchain Technology (2019)
by 627467 on Sunday August 16, 2020 @11:24PM
(#24183565)
It won't, I agree. but won't it help auditing compliance and enforcement after agreement has reached?
Re:There's No Good Reason to Trust Blockchain Technology (2019)
by bawolff on Sunday August 16, 2020 @11:38PM
(#24183656)
Maybe if everything the agreement is about is on the blockchain.
However i cant think of a non-contrived example where that is true. Real agreements involve real things in the real world, outside of the reach of automated compliance checking, and you're back at square one.
Perhaps you could say that the formalized computer language helps disagreements, but lawyers already have formalized language for this, and i suspect legaleze is better for making human-agreements than some turing complete language ever would be.
Blockchain isn't going to magically solve the problem of having to figure out what the two sides actually want.