Category: Transactional
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CodeX FutureLaw 2021: Computational contracts create a Big Bang in legal
Originally published on the Legal Executive Institute. By Joseph Raczynski The bleeding edge of the legal industry is now building interfaces at the intersection of code and law through computational contracts. These computational contracts (sometime called smart contracts), according to Stanford University, are a universal Contract Definition Language that will allow terms and conditions to be represented in machine-understandable…