Payments and transfers of digital assets can be performed immediately using smart contracts. But to use smart contracts in relation to goods and services in the material world, additional legal infrastructure is required.
The Ricardian contract was developed by our Chief Scientist, Ian Grigg, in the 1990s. It combines smart contract code with a written legal contract to connect material assets to their digital representations and ensure the correct interpretation in cases such as:
Mattereum’s platform offers: