Computational Enforceability

Definition ∞ Computational Enforceability is the property of an agreement or rule set that allows its terms to be automatically executed and verified by a computer system without requiring human intervention. This concept is fundamental to smart contracts on blockchains, where predefined conditions trigger specific actions. Computational enforceability provides a high degree of certainty and removes the need for trusted intermediaries in transaction execution. It ensures that obligations are met precisely as specified by the underlying code.
Context ∞ Discussions around computational enforceability frequently address the limitations and risks associated with absolute automated execution, such as bugs in code or external data dependencies. The debate concerns balancing deterministic execution with mechanisms for dispute resolution or upgrades. Future work focuses on formal verification methods for smart contracts and the creation of hybrid legal frameworks that combine on-chain automation with off-chain legal recourse, thereby enhancing reliability and trust.