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The Legality of Smart Contracts

Are smart contracts legally binding? How can tokens represent ownership of external assets? Are those transfers of titles recognised? Where are ether transactions stored when contract code is executed? How are state transitions validated? Will smart contracts work to the extent that people envision? Should we combine smart contracts with artificial intelligence (AI) and machine learning (ML), or is all of this tech still too immature? These are the questions Andreas Antonopoulos, a technologist and serial entrepreneur, is addressing in this video.