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comment by mk
mk  ·  3166 days ago  ·  link  ·    ·  parent  ·  post: New Kid on the Blockchain

    Take, for example, a rental contract. How is replacing legalese with ether code going to make it easier to understand for everyone in the world who can't read code?

I don't think Ethereum will touch such contracts in the foreseeable future. More likely it will just be code for multi-party release of funds or changes in asset ownership, escrow accounts, and things like that. The community solar project using Ethereum in NY, is an example.