contractless
Contractless refers to a state or process that exists or occurs without the need for a formal, legally binding contract. This can manifest in various contexts, from informal agreements between individuals to transactions facilitated by technologies that inherently enforce terms of service without explicit written consent. In everyday life, many interactions are contractless, such as purchasing a coffee or using public transport. These are often governed by implied terms and general consumer law rather than signed documents.
In the digital realm, the concept of contractless is becoming increasingly relevant. Software licenses, terms of
Emerging technologies, particularly in decentralized systems like blockchain, also explore contractless interactions. Smart contracts, for instance,