Contract

This page describes a concept which is part of our glossary

In the platform network, agreements, commitments and obligations are based on contracts which are documents that peers can agree to by sending a signed secure email containing the contract text and a confirmation of comprehension and agreement to a number of other peers who then sign and return the message with a confirmation of having witnessed the signed agreement. Contractual agreements allow the creation of assurances which can then act as axioms for functionality on higher levels of abstraction in the system.

Links

• Article on Worldchanging regarding the need for new bottom-up legal frameworks