Contemporary Challenges in Implementing Smart Contracts: A Holistic Approach

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Levi Hulse
Levi Hulse
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Pedro Henrique Willimann dos Anjos
Pedro Henrique Willimann dos Anjos
ρ
Jociane Machiavelli
Jociane Machiavelli
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Sabrina Frigotto
Sabrina Frigotto
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Levi Hülse
Levi Hülse
§
Anderson Antônio Mattos Martins
Anderson Antônio Mattos Martins

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Contemporary Challenges in Implementing Smart Contracts: A Holistic Approach

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Abstract

The focus of this study is the use of Smart Contracts in the administration of legal documents, with the aim of examining the level of legal certainty resulting from their implementation. How could smart contracts bring legal certainty to an agreement between parties? Possible obstacles to the widespread adoption of smart contracts, such as the limited accessibility of the technology to society in general, will be recognized. Finally, it aims to elucidate how smart contracts can bring legal certainty to the parties involved and examines their relevance in contemporary society. Although the advantages they bring are recognized, there is a valid concern about the possible exclusivity of access to this technology, thus restricting its availability to more knowledgeable individuals with greater resources.

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References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Levi Hulse. 2026. \u201cContemporary Challenges in Implementing Smart Contracts: A Holistic Approach\u201d. Global Journal of Human-Social Science - H: Interdisciplinary GJHSS-H Volume 24 (GJHSS Volume 24 Issue H5): .

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Smart Contracts in legal industry.
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GJHSS Volume 24 Issue H5
Pg. 15- 23
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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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v1.2

Issue date

September 10, 2024

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The focus of this study is the use of Smart Contracts in the administration of legal documents, with the aim of examining the level of legal certainty resulting from their implementation. How could smart contracts bring legal certainty to an agreement between parties? Possible obstacles to the widespread adoption of smart contracts, such as the limited accessibility of the technology to society in general, will be recognized. Finally, it aims to elucidate how smart contracts can bring legal certainty to the parties involved and examines their relevance in contemporary society. Although the advantages they bring are recognized, there is a valid concern about the possible exclusivity of access to this technology, thus restricting its availability to more knowledgeable individuals with greater resources.

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Contemporary Challenges in Implementing Smart Contracts: A Holistic Approach

Pedro Henrique Willimann dos Anjos
Pedro Henrique Willimann dos Anjos
Jociane Machiavelli
Jociane Machiavelli
Sabrina Frigotto
Sabrina Frigotto
Levi Hülse
Levi Hülse
Anderson Antônio Mattos Martins
Anderson Antônio Mattos Martins

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