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Introduction

Smart contracts, a term coined by computer scientist Nick Szabo in the 1990s, have gained significant attention in recent years due to the rise of blockchain technology. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts are stored on a blockchain, making them immutable and secure. While the benefits of smart contracts in terms of efficiency and transparency are widely acknowledged, their legal implications have not been fully explored.

This thesis aims to delve into the legal implications of smart contracts, focusing on issues such as contract formation, enforceability, and liability. By examining these issues, this study seeks to provide insights into how traditional legal frameworks can be applied to smart contracts and identify potential challenges and opportunities in regulating this emerging technology.

Chapter One: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of Terms

Chapter Two: Literature Review
2.1 Evolution of Smart Contracts
2.2 Legal Framework for Smart Contracts
2.3 Contract Formation in Smart Contracts
2.4 Enforceability of Smart Contracts
2.5 Liability in Smart Contracts
2.6 Regulatory Challenges
2.7 Case Studies
2.8 Comparative Analysis
2.9 Future Trends
2.10 Summary

Chapter Three: Research Methodology
3.1 Research Design
3.2 Data Collection Methods
3.3 Data Analysis Techniques
3.4 Sampling Strategy
3.5 Ethical Considerations
3.6 Research Limitations
3.7 Validity and Reliability
3.8 Research Bias

Chapter Four: Discussion of Findings
4.1 Contract Formation in Smart Contracts
4.2 Enforceability of Smart Contracts
4.3 Liability in Smart Contracts
4.4 Regulatory Challenges
4.5 Case Studies Analysis
4.6 Comparative Analysis
4.7 Legal Remedies and Protections
4.8 Implications for Legal Practice

Chapter Five: Conclusion and Summary
5.1 Summary of Findings
5.2 Contributions to Legal Scholarship
5.3 Practical Implications
5.4 Recommendations for Future Research
5.5 Conclusion

Thesis Overview on Legal Implications of Smart Contracts

Smart contracts have the potential to revolutionize the way contracts are created and enforced. However, this technology also raises significant legal challenges that must be addressed. This thesis aims to explore the legal implications of smart contracts, focusing on issues such as contract formation, enforceability, liability, and regulatory challenges.

The literature review will provide a comprehensive overview of the evolution of smart contracts, the existing legal framework, and relevant case studies. The research methodology section will outline the research design, data collection methods, analysis techniques, and ethical considerations.

The discussion of findings will analyze the key legal implications of smart contracts and offer insights into how traditional legal principles can be applied in this new context. The conclusion will summarize the findings, highlight the contributions to legal scholarship, and provide recommendations for future research.

Overall, this thesis seeks to advance our understanding of the legal implications of smart contracts and contribute to the ongoing dialogue on the regulation of blockchain technology.

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