These two amazing researchers with this level of hypothesis need funding for a lab, to conduct actual “ lab work you two may not know one and another but these two articles are working in parallel efforts, both of these research documents sophisticated to train an AIs and here are my thoughts on how it could work.
It can be very simple or very complex. In its range of complexity, it can go from rule-based systems where it is designed to make decisions based on rules and inputs; and can go up to more adaptive systems
• Neural Networks;
• Natural Language Processing;
• Knowledge graphs;
• Expert Systems;
• Search;
• Mini-max algorithm;
• Logic
Similarly, Natural Language Processing is an important area in smart contracts
• Shallow semantic parsing;
• Named entity recognition;
• Coreference resolution, and others.
As in demonstrating of how AI will work with a text agreement and in turn how it will be executed in a Shallow Semantic Parsing as a logical evolution.
As opposed to our current Smart Contracts decision based on the inputs and rules of deceitful operators.
With your research Smart Contracts decision based inputs and rules. Only then the effectiveness of Smart Contracts will become more adaptive to include logic, neural graphs, and neural networks.
The AI can develop and deploy the Smart Contracts based on vital analysis to lead the predictions whether or not the contract will be deployed.
AI along with smart contracts can be used in two manners:
1. In the negotiation of the terms of the agreement on behalf of the party; and/or
2. Controlling the self-executing nature of smart contracts.
To conclude my point your research effectiveness stems from the elimination of human intervention in terms of verification of the contracts.
This renders the negotiation process to become simpler and expedited.
But would it becomes easier to form complex agreements? The introduction of AI in the arena of smart contracts will launch us into a new era and this era will bear witness to the prosperity and perish of many businesses and legal professionals.