Smart Contracts: A Preliminary Evaluation

30 Pages Posted: 10 Feb 2016 Last revised: 9 Jul 2016

See all articles by Maria Letizia Perugini

Maria Letizia Perugini

University of Bologna

Paolo Dal Checco

University of Turin - Interfaculty School of Strategic Science SUISS

Date Written: December 8, 2015

Abstract

La versione italiana di questo documento è disponibile al seguente link: http://ssrn.com/abstract=2729545.

In 2008 the Bitcoin protocol has introduced a new way to transfer rights: the blockchain model, a method combining mathematical algorithms in order to secure rights in transferable digital string. One of the implementations of that system is represented by smart contracts, a model that is still to be defined in technical and legal details. The scheme turns specific contractual provisions in executable digital codes, designed for self execution in a Bitcoin derived blockchain system. This paper proposes a preliminary evaluation based on the state of the art.

Keywords: blockchain protocols, digital currency, smart contracts, bitcoin, namecoin, colored coins

Suggested Citation

Perugini, Maria Letizia and Dal Checco, Paolo, Smart Contracts: A Preliminary Evaluation (December 8, 2015). Available at SSRN: https://ssrn.com/abstract=2729548 or http://dx.doi.org/10.2139/ssrn.2729548

Maria Letizia Perugini (Contact Author)

University of Bologna ( email )

Via Zamboni 22
I-40121 Bologna
Italy

Paolo Dal Checco

University of Turin - Interfaculty School of Strategic Science SUISS ( email )

Turin - Italy 10100
Italy
+39 0110438192 (Phone)

HOME PAGE: http://www.suiss.unito.it/do/docenti.pl/Show?_id=pdalchec

Register to save articles to
your library

Register

Paper statistics

Downloads
920
rank
22,782
Abstract Views
2,495
PlumX Metrics