Legally Enforceable Smart-Contract Languages: A Systematic Literature Review

【Author】 Dwivedi, Vimal; Pattanaik, Vishwajeet; Deval, Vipin; Dixit, Abhishek; Norta, Alex; Draheim, Dirk

【Source】ACM COMPUTING SURVEYS

【影响因子】14.324

【Abstract】Smart contracts are a key component of today's blockchains. They are critical in controlling decentralized autonomous organizations (DAO). However, smart contracts are not yet legally binding nor enforceable; this makes it difficult for businesses to adopt the DAO paradigm. Therefore, this study reviews existing Smart Contract Languages (SCL) and identifies properties that are critical to any future SCL for drafting legally binding contracts. This is achieved by conducting a Systematic Literature Review (SLR) of white- and grey literature published between 2015 and 2019. Using the SLR methodology, 45 Selected and 28 Supporting Studies detailing 45 state-of-the-art SCLs are selected. Finally, 10 SCL properties that enable legally compliant DAOs are discovered, and specifications for developing SCLs are explored.

【Keywords】Blockchain; decentralized autonomous organization; expressiveness; smart contract language; suitability; systematic literature review

【发表时间】2021 JUN

【收录时间】2022-08-16

【文献类型】

【主题类别】

--