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by RcouF1uZ4gsC 1060 days ago
> For example, automatic, trustless guarantee of both quality of transport and payment for shipping goods.

I am very, very skeptical your example would work purely with smart co tracts for this.

I can think of a bunch of ways where real world interactions would cause all sorts of problems that would have to be sorted out by regular contract law.

1 comments

Maybe, maybe not. Fedex and others are experimenting nonetheless, so we'll see how many problems it solves vs introduces.

https://www.truckinginfo.com/10183205/blockchain-once-overhy...

https://www.fedex.com/en-us/about/policy/technology-innovati...

https://www.supplychain247.com/company/blockchain_in_truckin...

A common misconception is that smart contract enthusiasts believe it replaces existing contract law. It doesn't, though in some cases it removes the need for relying on it with digital services. It is meant to enhance the letter of law by adding additional guarantees.