States OK blockchain ‘smart contracts’ but buy-in is uncertain - Roll Call

Legislation clears the way for blockchain technology to be admissible in court, but the concept has a long way to go before it has widespread practical use.

Blockchain technology came to prominence for its use in cryptocurrencies. ( (Ina Fassbender/AFP via Getty Images) ) By Keith Lewis Posted February 11, 2020 at 7:02am An Illinois law took effect last month that recognizes a new form of legal agreement known as a smart contract, a binding accord executed using blockchain technology, putting it on equal footing with traditional legal contracts. Illinois is the third state to officially endorse the concept, although it’s not clear that practical applications for the concept have developed as quickly as the underlying technology. Arizona and Tennes

related reading

• What Are Smart Contracts and How Do They Work?academy.binance.com
• Introduction to Smart Contracts — Solidity 0.8.38-develop documentationdocs.soliditylang.org
• Degraded Blockchainsfortressofdoors.com
• Crypto Glossary for Leftists - The Blockchain Socialisttheblockchainsocialist.com
• The Web3 Movement’s Quest to Build a ‘Can’t Be Evil’ Internet | WIREDwired.com
• The Ethereum Virtual Machine — How does it work? | by Luit | MyCrypto | Mediummedium.com
• Meet Oasis Labs, the blockchain startup Silicon Valley is buzzing about | MIT Technology Reviewtechnologyreview.com
• Smart contracts: What are they and their benefits | ethereum.orgethereum.org
• Trilemmas in Decentralized Computing — zerummirror.xyz
• Privacy Abstraction with Aztec. Smart contract privacy without the… | by Aztec Labs | The Aztec Labs Blog | Mediummedium.com
• On Abstraction | Ethereum Foundation Blogblog.ethereum.org
• Here's why you don't need blockchain – Herman's blogherman.bearblog.dev