WebFunds
How to describe anything . . ..
The Ricardian Contract form is parsable by both humans and WebFunds:
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Current format is "ini" but may go to XML
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Can look like existing paper contracts
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not so scary to legacy legal institutions.
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Provides detailed information to program.
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Stepping stone to smart contracts . . .
By mimicing the existing legal contract,
can draw on a millenium of contract law.