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Céline Mangin

    Journal International De Bioethique Et D'Ethique Des Sciences
    |July 16, 2024
    PubMed
    Summary
    This summary is machine-generated.

    Smart contracts automate agreements, but using digital oracles to trigger them may reduce genuine consent to simple assent. This impacts the contract formation phase and the quality of agreement.

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    Area of Science:

    • Computer Science
    • Law
    • Information Technology

    Context:

    • Smart contracts are self-executing computer programs.
    • Digital oracles bridge real-world data with smart contracts.
    • Focus on the contract formation phase is critical.

    Purpose:

    • To analyze the impact of smart contracts on contractual processes.
    • To investigate the role of digital oracles in smart contract execution.
    • To assess the effect on the quality of consent.

    Summary:

    • Smart contracts automate agreements based on pre-programmed conditions.
    • Digital oracles transmit external data to trigger smart contract execution.
    • This integration may compromise the quality of consent, reducing it to assent.

    Impact:

    • Potential degradation of the quality of consent in digital agreements.
    • Shift from informed consent to passive assent due to automated triggers.
    • Implications for legal and ethical considerations in smart contract development.