ABSTRACT If one is to believe the popular press and many “technical writings,” blockchains create not only a perfect transactional environment but also obviate the need for banks, lawyers and courts. The latter will soon be replaced by smart contracts: unbiased and infallible computer programs that form, perform and enforce agreements. Predictions of future revolutions … Continue reading Smart contracts: terminology, technical limitations and real world complexity: Law, Innovation and Technology: Vol 9, No 2