Cypher Social Contracts A Novel Protocol Specification for Cyber Physical Smart Contracts

Abstract

Social interaction is the foundation of the Internet. Nevertheless, contract drafting is a tedious task and often too complex for normal social interactions between individuals or small service providers, which has led to the rise of centralized services to manage contracts, purchases or other arrangements. In order to give regular users more privacy and a place for self-organization, this paper describes the definition of a novel protocol that allows the creation of generic smart contracts which can be processed by machines or create social interaction between humans while maintaining a high level of privacy and anonymity.