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Journal of Social Problems Research

Volume 1, Issue 1, PP: 45-55, 2022 | Cite this article as | XML | | Html PDF

Procedure for the Selection of a Smart Contracting System in the Legal Field

A.J.R. Fernández   1 *

  • 1 Universidad Regional Autónoma de Los Andes. Ecuador. - (dir.investigacion@uniandes.edu.ec)
  • Doi: https://doi.org/10.54216/JSPR.010105

    Received: October 23, 2021 Accepted: January 17, 2022
    Abstract

    Blockchain technology has put in the hands of humanity the solution to many practical problems that are present today in various organizations. Smart contracts are part of the improvements that were introduced from the use of this technology and were widely accepted by users in general. Various applications are included in the development of this type of platform, which has reached the legal field as a solution to the current problems of Contract Law. The selection of the best alternative, when hiring its implementation, leads to not making optimal use of resources during the process. That is why the main objective of the research was focused on designing and implementing a procedure, in the form of an exercise, for the selection of a smart contracting system in the legal field. In its fulfillment, the authors had the support of a heterogeneous group of experts in the field who determined the factors for their selection and their respective weight through the Kendall concordance method. Subsequently, the use of these factors in the VIKOR (VlseKriterijumska Optimizacija I Kompromiso Resenje) method made it possible to determine the best alternative to hire.

    Keywords :

    Smart Contracting , Contract Law , Kendall , VIKOR.

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    Cite This Article As :
    A.J.R. Fernández. "Procedure for the Selection of a Smart Contracting System in the Legal Field." Full Length Article, Vol. 1, No. 1, 2022 ,PP. 45-55 (Doi   :  https://doi.org/10.54216/JSPR.010105)
    A.J.R. Fernández. (2022). Procedure for the Selection of a Smart Contracting System in the Legal Field. Journal of , 1 ( 1 ), 45-55 (Doi   :  https://doi.org/10.54216/JSPR.010105)
    A.J.R. Fernández. "Procedure for the Selection of a Smart Contracting System in the Legal Field." Journal of , 1 no. 1 (2022): 45-55 (Doi   :  https://doi.org/10.54216/JSPR.010105)
    A.J.R. Fernández. (2022). Procedure for the Selection of a Smart Contracting System in the Legal Field. Journal of , 1 ( 1 ), 45-55 (Doi   :  https://doi.org/10.54216/JSPR.010105)
    A.J.R. Fernández. Procedure for the Selection of a Smart Contracting System in the Legal Field. Journal of , (2022); 1 ( 1 ): 45-55 (Doi   :  https://doi.org/10.54216/JSPR.010105)
    A.J.R. Fernández, Procedure for the Selection of a Smart Contracting System in the Legal Field, Journal of , Vol. 1 , No. 1 , (2022) : 45-55 (Doi   :  https://doi.org/10.54216/JSPR.010105)