Code is Law

Key Points Blockchain technology and Smart Contracts have the potential to unlock a new era of human flourishing. The value that Smart Contract Platforms introduce is Code is Law; the ability to Build Unstoppable Applications. If positively engaged with, Code is Law will be hugely beneficial; those who attempt to stifle its adoption will be left behind. Change is likely to disrupt powerful institutions, who may fight against technology that threatens their position. Only blockchains committed to Code is Law are suitable to take on this challenge; others will become captured. Today, most blockchain projects, including Ethereum™, are not committed to Code is Law, undermining their value proposition.