The dark side of smart contracts

Activity: Talk or presentation types › Oral presentation

Description

A smart contract is a self-executing and self-enforcing contractual code on a blockchain. It enhances speed and security while reducing processing time, cost, and human error. However, the benefits have yet to be efficiently realised due to several drawbacks. A systematic search of 782 documents from Scopus, Web of Science, ABI/INFORM Collection, and emerald insight returned 55 articles of 'ABS AJG 2021' quality for reflexive thematic analysis. The analysis suggests that smart contracts are resource-intensive to develop, prone to errors and mistakes, and legal systems can only react to their development. This study extends the Technology Threat Avoidance Theory (TTAT) to smart contract deployment in organisations.
Period3 Jul 2022
Event title29th EurOMA Conference: Brilliance in resilience: Operations and supply chain management’s role in achieving a sustainable future
Event typeConference
Conference number29
LocationBerlin, Germany, Berlin
Degree of RecognitionInternational