Computable Contracts Project: Executive Summary

1 Pages Posted: 23 Aug 2017

See all articles by Oliver R. Goodenough

Oliver R. Goodenough

Vermont Law School

Susan Salkind

Stanford University - Stanford Codex Center

Harry Surden

University of Colorado Law School

Date Written: July 22, 2017

Abstract

“Computable contracts” are contracts that computers can read, understand, and execute. This project aims to develop a general protocol for expressing computable contracts, as well as a series of open-source software tools for creating them. The protocol will be flexible, extensible, and compatible with existing technologies including blockchain and financial contracting standards. The software tools will be free, open-source and user-friendly. The overall project goal will reduce contracting transaction costs for entrepreneurs, and empower individual users and large and small businesses to engage in low-cost, electronic contracting.

Suggested Citation

Goodenough, Oliver R. and Salkind, Susan and Surden, Harry, Computable Contracts Project: Executive Summary (July 22, 2017). Available at SSRN: https://ssrn.com/abstract=3007048

Oliver R. Goodenough

Vermont Law School ( email )

164 Chelsea Street
P.O. Box 96
South Royalton, VT 05068
United States
802 831 1231 (Phone)

HOME PAGE: http://www.vermontlaw.edu/Our_Faculty/Faculty_Directory/Oliver_R_Goodenough.htm

Susan Salkind

Stanford University - Stanford Codex Center ( email )

559 Nathan Abbott Way
Stanford, CA 94305-8610
United States

Harry Surden (Contact Author)

University of Colorado Law School ( email )

401 UCB
Boulder, CO 80309
United States

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