by Radu Magdin

CEO of Smartlink Communications. Global analyst, consultant and trainer, passionate about leadership, global communications and competition.

John Locke, the oft-quoted grandfather of British Liberalism, whose „life, liberty and property” almost made it into the U.S. Declaration of Independence, gives a very interpretable stance on contracts. In his Second Treatise of Government, he writes that some potential offender causing mischief is enough for one to become „the executioner of the law of nature.”

How one defines the aforementioned, alongside verification and trust, is an age-old question. Partially, it’s because the problem isn’t so much a matter of legal philosophy or jurisprudence as it is a question of technology: Can you actually devise a system whereby a contract is automatically verifiable, executable and otherwise secure—or do you work within the scope of uncertainty, jurisdiction arbitrage and legal interpretation?

Continuarea, aici.