Responsibility of smart contract parties in Algerian legislation

Authors

  • marabout habib Othmani

Abstract

Smart contracts are simply programs stored on a blockchain that run when predetermined conditions are met. On blockchain, the goal of a smart contract is to simplify business and trade between both anonymous and identified parties, sometimes without the need for a middleman. A smart contract scales down on formality and costs associated with traditional methods, without compromising on authenticity and credibility. What is the civil liability of the parties to the smart contract? What is the Algerian legislator’s position on these contracts? This is what will be discussed in this article.

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Published

2024-02-08 — Updated on 2024-02-13

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How to Cite

Othmani, marabout habib. (2024). Responsibility of smart contract parties in Algerian legislation. Management & Economics Research Journal, 5(4). Retrieved from http://merj-revue.com/index.php/merj/article/view/106 (Original work published February 8, 2024)

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