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Smart treaties: A path to binding agreements in international relations?

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  • Lehmann, Niklas V.

Abstract

Can we create binding agreements between nations? Recently, scholars have argued that blockchain technology enables us to do so. Given that this could greatly affect the anarchical world order implied by state sovereignty, this remarkable claim is investigated thoroughly. By focusing on the technical implementation of smart contracts between nations, this article finds that the potential to create binding agreements using blockchain technology is far more limited than recently suggested.

Suggested Citation

  • Lehmann, Niklas V., 2025. "Smart treaties: A path to binding agreements in international relations?," Technological Forecasting and Social Change, Elsevier, vol. 221(C).
    • Handle: RePEc:eee:tefoso:v:221:y:2025:i:c:s0040162525003671
    DOI: 10.1016/j.techfore.2025.124336
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    References listed on IDEAS

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    More about this item

    Keywords

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    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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