THE EXISTENCE AND ENFORCEABILITY OF SMART CONTRACTS UNDER SERBIAN LAWSmart Contracts • January 24th, 2022
Contract Type FiledJanuary 24th, 2022Defined by the Serbian Law on Digital Assets, Article 2 Paragraph 39, a smart agreement or contract is a computer program or protocol, based on technology of distributed database or similar technologies, which in whole or in part, automatically executes, controls or documents legally relevant events or actions in accordance with an already signed agreement, whereas the specified agreement can be concluded by electronic means via that program or protocol.