Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/233510
Authors: 
Zinovyev, Elizaveta
Reule, Raphael C. G.
Härdle, Wolfgang
Year of Publication: 
2021
Series/Report no.: 
IRTG 1792 Discussion Paper No. 2021-004
Abstract: 
Smart Contracts are commonly considered to be an important component or even a key to many business solutions in an immense variety of sectors and promises to securely increase their individual efficiency in an ever more digitized environment. Introduced in the early 1990's, the technology has gained a lot of attention with its application to blockchain technology to an extent, that can be considered a veritable hype. Reflecting the growing institutional interest, this intertwined exploratory study between statistics, information technology, and law contrasts these idealistic stories with the data reality and provides a mandatory step of understanding the matter, before any further relevant applications are discussed as being "factually" able to replace traditional constructions. Besides fundamental flaws and application difficulties of currently employed Smart Contracts, the technological drive and enthusiasm backing it may however serve as a jump-off board for future developments thrusting well in the presently unshakeable traditional structures.
Subjects: 
Cryptocurrency
Smart Contract
Ethereum
CRIX
JEL: 
G02
G11
G12
G14
G15
G23
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.