By Prof. Dr. Frank Emmert, LL.M., FCIArb

Several years after their launch and the development of a multitude of potential uses, Smart Contracts face an uphill battle for mass adoption. This is most likely due to the fact that the Smart Contracts themselves are only one part of a larger puzzle, like changing one wheel of a car, one element of a larger and more complex legal mechanism that evolved over hundreds of years. Smart Contracts hold great promise in improving the speed and efficiency of the legal process, but only when the right constellation of necessary elements is updated…


PrepayWay Ecosystem combines legal smart contacts, payment options in fiat and cryptocurrency, escrow service and dispute resolution services.

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