Introduction

The Blockchain and Smart Contracts Discussion Group was launched in July 2016. This report from the group offers recommendations and observations to Kantara Initiative covering the following scope:

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...add more commentary about the imbalance? ...public and private blockchains have different dynamics – there's a different economic incentive – can't 100% rebalance, we suspect... ...add OpenBazaar-based short discussion (see Oct 4 notes)...

While it's important to evaluate technology for its ability to effect change, it's not the end of the story. Technology operates in a business and legal context; hence the popular notion of a "BLT sandwich". We have seen a rise of technologies that address the process of negotiating and executing legal contracts, along with smart contracts that aim to automate agreements while providing required legal context (such as the jurisdiction and the parties).

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(Kathleen takes writing this one up as an assignment. She'll float some text to the list first.)