Saturday, October 30, 2021

Legal Blockchain Framework

 

Smart Legal Contract[1],[2]

Claim 1: In order to persist into the future, all organisms, humans included must survive long enough to pass along their genes (Darwin 1859).

Claim 2: Memetics, or the handing down of behaviors also contributes to an individual’s probability of survival (Dawkins 1976).

Claim 3: If humanity is to maintain justice, laws such as tripartite Law of the United States that compel individuals to behave are required.

Claim 4: The tripartite legal structure of the United States includes “Tribal Laws,” e.g., Kowalski 2009.

Claim 5: Cryptocurrency perpetuity depends on individual blockchain participants maintaining their private keys on an individual basis.

Claim 6: Plaintiffs, with the assistance of attorneys initiate legal cases against criminal or civil defendants.

Claim 7: Typically, attorneys require the payment of a retainer agreement fee prior to filing a case on behalf of a plaintiff.

Claim 8: Plaintiffs who lack the financial resources necessary to retain an attorney are at a justice disadvantage (Buckwalter-Poza 2016).

Claim 9: Some attorneys file and try cases on a contingency-fee basis for plaintiff clients who lack adequate financial resources.

Claim 10: A smart contract among plaintiff, attorney, witnesses, and other stakeholders has the potential to build trust.

Claim 11: A cryptocurrency-based smart contract among plaintiff, attorney, among witnesses [“Stakeholders”] can bridge funding gaps.

Claim 12: Oracle-based smart-contract blockchains can provide Stakeholders with a means of preserving tribal genetics and memetics. 



[1] Authored by Bradley Edward Layton PhD PE Oct 25, 2021

Tuesday, October 26, 2021

Screenshot of Smart Legal Contract