CodeX: Exploring Computable Contracts
On October 18th, 2011, CodeX - The Stanford Center for Legal Informatics hosted the event 'Computable Contracts' at Stanford Law School, focusing on the evolution and implications of contracts in a digital format.
Stanford Law School
1.7K views • Oct 25, 2011
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On October 18th, 2011 CodeX - The Stanford Center for Legal Informatics sponsored the event, "Computable Contracts" at Stanford Law School.
A contract is a promise, voluntarily undertaken, that is enforceable under the law. A computable contract is a contractual obligation that has been formulated such that a computer system can both interpret and determine whether the obligation has been complied with. This Article explores the theory and concept of computable contracts and their increasing impact on the law. Such computable contractual obligations offer advantages over traditional written obligations, including efficiency of compliance assessment, and detection of contradictory legal obligations.
For more info visit: http://www.law.stanford.edu/calendar/details/5853/
A contract is a promise, voluntarily undertaken, that is enforceable under the law. A computable contract is a contractual obligation that has been formulated such that a computer system can both interpret and determine whether the obligation has been complied with. This Article explores the theory and concept of computable contracts and their increasing impact on the law. Such computable contractual obligations offer advantages over traditional written obligations, including efficiency of compliance assessment, and detection of contradictory legal obligations.
For more info visit: http://www.law.stanford.edu/calendar/details/5853/
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Published
Oct 25, 2011
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