Description: Judicial enforceability refers to the ability of a court to enforce the terms of a contract, ensuring that the parties involved fulfill their agreed obligations. In the context of smart contracts, which are self-executing agreements coded on a blockchain, judicial enforceability takes on an additional dimension. These contracts operate under predefined conditions and automatically execute when certain criteria are met. However, the decentralized and autonomous nature of smart contracts raises questions about how they can be legally enforced in the event of disputes. Judicial enforceability becomes a bridge between the digital world of smart contracts and the traditional legal system, where courts can intervene to resolve conflicts and ensure that the rights of the parties are upheld. This implies that, although a smart contract executes automatically, parties can still seek judicial intervention to address issues such as breach, interpretation of clauses, or compensation for damages. The interaction between smart contract technology and the existing legal framework is crucial for the evolution of judicial enforceability, as it establishes a balance between technological innovation and the protection of the legal rights of individuals and entities involved.
