{"title":"Smart Contracting: A Multidisciplinary and Proactive Approach for the EU Digital Single Market","authors":"M. C. Solarte-Vásquez, Katrin Nyman-Metcalf","doi":"10.1515/bjes-2017-0017","DOIUrl":null,"url":null,"abstract":"Abstract Smart contracting (SC) is a proactive proposal to operationalize the relational contract theory for the upgrade and improvement of legally relevant exchange. The dynamic institutional environment of the European Union (EU) is a suitable framework for this proposal. SC addresses the interests of the business management, law and information technology practices with a perspective of influence in digital exchange, communication processes and other human and human-machine interactions. This position paper restates the advantages of the concept by highlighting the practical transition pathway SC offers to moderate the growing haste towards the embeddedness of exchange in automated and distributed models. This theoretical contribution supports the systematization of the proactive and legal design research field, and explains the characterization, operationalization and specification of the SC concept.","PeriodicalId":42700,"journal":{"name":"Baltic Journal of European Studies","volume":"7 1","pages":"208 - 246"},"PeriodicalIF":0.0000,"publicationDate":"2017-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/bjes-2017-0017","citationCount":"11","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Baltic Journal of European Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1515/bjes-2017-0017","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 11
Abstract
Abstract Smart contracting (SC) is a proactive proposal to operationalize the relational contract theory for the upgrade and improvement of legally relevant exchange. The dynamic institutional environment of the European Union (EU) is a suitable framework for this proposal. SC addresses the interests of the business management, law and information technology practices with a perspective of influence in digital exchange, communication processes and other human and human-machine interactions. This position paper restates the advantages of the concept by highlighting the practical transition pathway SC offers to moderate the growing haste towards the embeddedness of exchange in automated and distributed models. This theoretical contribution supports the systematization of the proactive and legal design research field, and explains the characterization, operationalization and specification of the SC concept.
期刊介绍：
Baltic Journal of European Studies (abbreviation BJES) is a semiannual double blind peer-reviewed international research journal (formerly known as Proceedings of the Institute for European Studies) with an international editorial office and extensive international editorial board, abstracted in EBSCO and other relevant databases.The scope of the journal comprises a wide spectrum of social, political, economic and cultural issues related to recent developments in the European Union and its member states.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
