Could, in theory provide distributed contracts that would allow corporations to exist independent of government regulation. Could therefore counter my argument that Capitalism needs government. OnLibertarianism
See also :
- No one needs Turing Complete smart-contracts : http://www.coindesk.com/turing-complete-smart-contracts/
- the requirement (trustably decentral computation) doesn't justify the extra overhead (ie. extra processing on all the nodes)
- meanwhile it can't be fully trustworthy because you rely on oracles which can in principle be bribed by other smart-contracts.