Alice and Bob have frequent business transactions. You suggest to Alice that they can use smart contracts

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Alice and Bob have frequent business transactions. You suggest to Alice that they can use smart contracts to avert potential disputes.

(a) Illustrate how smart contracts can be used to avert disputes. (10 marks)

(b) Discuss the benefits of and obstacles to using smart contracts.

Related Book For answer-question

Data Communications and Networking

ISBN: 978-0073376226

5th edition

Authors: Behrouz A. Forouzan

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Posted Date: Apr 09, 2024 01:25 PM

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Alice and Bob have frequent business transactions. You suggest to Alice that they can use smart contracts

Question:

Expert Answer:

a Smart Contracts Aiding Dispute Resolution Smart contracts can help avert disputes between Alice and Bob in their business transactions by automating ... View the full answer

Data Communications and Networking

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