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by SilverSurfer972 2651 days ago
TLDR: Because Smart Contracts on the blockchain are the right tool for Secure Digital Agreements.

Paperweight contracts are irrelevant in a world of data

* A Smart Contract is cheaper to publish that the stack of paper handled by lawyers.

* Code is cheap to iterate from whereas traditional SLA are expensive/slow to renegociate. Over time, SLAs drive behaviors that are focused on delivering a minimum level of service at minimum cost to the provider.

* A Smart Contract is a code you can trust, understand and expect to behave instantly compared to the traditional SLM.

* A Smart Contract is immutable. More about the benefit of Smart Contract over paper/digital agreements: https://www.forbes.com/sites/cognitiveworld/2019/03/10/rise-...

Why not a python script? I don't trust the guy that handle that script. Blockchain is very good at bringing trust.

I hope I answered your question

[edit] formatting

1 comments

so, are you saying we should replace social media platforms w/ decentralized sharing & aggregation driven by smart contracts? sounds intriguing but daunting