Decentralized legal agreements, like those on OpenLaw, face jurisdiction ambiguity due to their blockchain-based nature. Without clear governing law or forum clauses, disputes may lead to costly litigation to determine applicable courts. Vague terms, such as referencing "U.S. courts," can be unenforceable, as seen in cases like Pinsent Masons (2022). Smart contracts, while efficient, often lack mechanisms for clear assent or notice, complicating enforceability in decentralized systems. Courts may not solely rely on code as law, requiring explicit legal terms. To mitigate, parties should define jurisdiction and governing law precisely, using tools like OpenLaw’s templates to ensure clarity. Innovations like MetaLex address these gaps, but regulatory evolution is needed for seamless global adoption. 0 reply
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