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Regulating Blockchain Smart Contracts with Agent-Based Markets

机译:通过基于代理的市场监管区块链智能合约

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The fast pace in blockchain development introduced the concept of Smart Contract as a way to deploy digital contracts as pieces of code on the blockchain network. Smart contracts differ from the traditional ones in many aspects related to their automated execution. Still, there are many open issues, such as legal frameworks and regulatory aspects. The study of agreement technologies and agent-based market systems have already dealt with some of these issues and can help us discuss solutions for the future. In this paper, we present an overview of the agreement pipeline, considering regulation-enabled systems and compare the implementation of auction agreements purely on the blockchain with a hybrid approach where markets are active agents that can ensure regulation outside the contractual phase and contract execution runs on blockchain. We have compared the cost of failing negotiations, that is always charged in the blockchain case.
机译:区块链开发的快速发展引入了智能合约的概念,将其作为将数字合约作为代码片段部署在区块链网络上的一种方式。智能合约在与自动执行有关的许多方面与传统合约不同。尽管如此,仍有许多未解决的问题,例如法律框架和法规方面。对协议技术和基于代理的市场系统的研究已经解决了其中一些问题,可以帮助我们讨论未来的解决方案。在本文中,我们对协议管道进行了概述,考虑了采用法规的系统,并比较了纯混合交易在区块链上的拍卖协议实施情况,其中市场是活跃的代理商,可以确保在合同阶段和合同执行运行之外进行监管在区块链上。我们比较了谈判失败的成本,该成本始终在区块链案例中收取。

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