#ricardian contract

Two artificial intelligence (AI) agents incorporated as legal entities negotiated, signed, and executed a binding contract that a court can read and a blockchain can run. [/key_takeaways] Key Takeaways: Clawbank and Shodai executed the first AI-to-AI Ricardian contract, binding legal prose to Ethereum code. Shodai’s smart contract paid out automatically when 1 milestone condition was […]

AI-driven autonomous contracts challenge existing legal frameworks, raising critical questions about liability, regulation, and market adaptation. The post AI agents sign first Ricardian contract without human signatures appeared first on Crypto Briefing.