Folks are both fascinated and confused by the term “smart contracts”. Many across the general peer-to-peer tech space have had their imaginations captured by what is, fundamentally, a super fascinating idea. The idea that we can have processes and procedures, with rules we agree to, running, automatically, on our behalf. This is a powerful idea. For many the power of the idea leads them …

https://db.erisindustries.com/legal%20tech/2015/09/15/smart-contracts-intro/