Smart contracts that are smart and can function as legal contracts - A\n Review of Semantic Blockchain and Distributed Ledger Technologies

Abstract

Blockchain and Distributed ledger Technologies are increasingly becoming key\nenablers for vital innovation in financial services, manufacturing, government\nand other industries. One of the biggest challenges though is the level of\nsupport for semantics by most of the Block Chain and Distributed Ledger\ntechnologies. This paper reviews and categorises common block chain and DLT\napproaches and introduces a new approach to Blockchain / DLT promising to\nresolve the semantic problems inherent in other Blockchain / DLT approaches\n