/scms

Smart contract management system

Primary LanguageRubyBSD 2-Clause "Simplified" LicenseBSD-2-Clause

Smart Contract Management System

Copyright (c) 2015 - New Systems Technology Limited

Licensed under the terms of the Simplified BSD License

NScrypt

A Smart Contract Management System--doubles as an IDE for Smart Contracts and a CRM for negotiating, signing and processing Smart Contracts.

Background

Smart Contracts are conceptually not new (see Nick Szabo's work), but have never been integrated into existing systems, nor provided as a proper legal service.

Definition

Smart Contract: (noun) a digital record of a contract or agreement, which (1) contains terms that are machine interpretable and/or machine executable; (2) represents the actual agreement as accepted by signature; and (3) is stored and administered by a third party system.

More Information

Lots has been written on the subject and on the project, here's a list of documents to get started (in the doc folder):

  • Published Paper: A Lawyer's Introduction to Smart Contracts
  • Patent filing: AN INFORMATION SYSTEM THAT AUTOMATES INTERPRETATION AND PERFORMANCE OF CONTRACTS INVOLVING DIGITAL ASSETS