Related papers: An automatic tool for checking multi-party contrac…
Smart contracts are tools with self-execution capabilities that provide enhanced security compared to traditional contracts; however, their immutability makes post-deployment fault correction extremely complex, highlighting the need for a…
Contracts underlie most modern commercial transactions defining define the duties and obligations of the related parties in an agreement. Ensuring such agreements are error free is crucial for modern society and their analysis of a contract…
Contract review is a complex and time-intensive task that typically demands specialized legal expertise, rendering it largely inaccessible to non-experts. Moreover, legal interpretation is rarely straightforward-ambiguity is pervasive, and…
Business contracts, particularly sale and purchase agreements, often contain a large number of clauses and are correspondingly long and complex. In practice, it is therefore a great challenge to keep track of their legal context and to…
Formal verification entails testing software to ensure it operates as specified. Smart contracts are self-executing contracts with the terms of the agreement directly written into lines of code. They run on blockchain platforms and…
With the increasing adoption of smart contracts, ensuring their security has become a critical concern. Numerous vulnerabilities and attacks have been identified and exploited, resulting in significant financial losses. In response,…
Contract management involves reviewing and negotiating provisions, individual clauses that define rights, obligations, and terms of agreement. During this process, revisions to provisions are proposed and iteratively refined, some of which…
A smart contract is a computer program which allows users to automate their actions on the blockchain platform. Given the significance of smart contracts in supporting important activities across industry sectors including supply chain,…
We describe a method and tool called \textit{ContractCheck} that allows for the consistency analysis of legal contracts, in particular Sales Purchase Agreements (SPAs). The analysis relies on an encoding of the premises for the execution of…
We propose and develop a framework for validating smart contracts derived from e-contracts. The goal is to ensure the generated smart contracts fulfil all the conditions outlined in their corresponding e-contracts. By confirming alignment…
In this paper we present a framework to analyze conflicts of contracts written in structured English. A contract that has manually been rewritten in a structured English is automatically translated into a formal language using the…
Contract consistency is important in ensuring the legal validity of the contract. In many scenarios, a contract is written by filling the blanks in a precompiled form. Due to carelessness, two blanks that should be filled with the same (or…
This paper discusses how model checking, a technique used for the verification of behavioural requirements of dynamic systems, can be usefully deployed for the verification of contracts. A process view of agreements between parties is…
The paper outlines ongoing research on logic-based tools for the analysis and representation of legal contracts of the kind frequently encountered in large-scale engineering projects and complex, long-term trading agreements. We consider…
Verifying specifications for large-scale control systems is of utmost importance, but can be hard in practice as most formal verification methods can not handle high-dimensional dynamics. Contract theory has been proposed as a modular…
Contracts are an essential and fundamental component of commerce and society, serving to clarify agreement between multiple parties. While digital technologies have helped to automate many activities associated with contracting, the…
Smart contract technology is reshaping conventional industry and business processes. Being embedded in blockchains, smart contracts enable the contractual terms of an agreement to be enforced automatically without the intervention of a…
We construct an empirically founded model of a repo trade intermediated by two broker-dealers and prove multiple equilibrium and the existence of equilibrium at the joint profit maximizing volume of trade. We then present a smart contract…
Blockchain smart contracts have emerged as a transformative force in the digital realm, spawning a diverse range of compelling applications. Since solidity smart contracts across various domains manage trillions of dollars in virtual coins,…
Smart contracts are automated or self-enforcing contracts that can be used to exchange assets without having to place trust in third parties. Many commercial transactions use smart contracts due to their potential benefits in terms of…