Smart contract and the law: friends or foes?
It is said that smart contracts will change the legal world: All rights are automatically enforced without any further legal institution as “code is the law”. Legal utopia seems to turn into reality as all contractual rights can be automatically enforced. And it is not disputed that smart contracts do have an enormous potential. However, what are the legal issues when using smart contracts? Is the sky the limit or what do smart contract users and also the society in general need to know about “the legal side” of smart contracts?
André Janssen is a chair professor at Radboud University Nijmegen, The Netherlands. André Janssen is respectively was a visiting scholar/professor at the Bocconi University Milan, Catholic University Lyon, Chinese University for Political Science and Law Beijing, City University Hong Kong, East China University of Political Science and Law Shanghai, Leuven University, Oxford University, Turin University, and Verona University.
He also was the holder of the Francqui-chair funded by the Francqui-foundation in Belgium in 2021-2022. He taught and presented at more than 100 international conferences on five continents, is a member of several national and international research networks and published more than 150 books and articles in the field of Commercial, Private, European, Comparative and International Sales Law, and Artificial Intelligence and Law.
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