When I was buying ethereum at 17 dollars and getting a mortgage. I was buying it hoping sometime in the future I could renew the mortgage with an ethereum contract.
It could detail in code the principal, functions to trigger interest rate increases/decreases, functions to cancel, early termination fees, payment addresses, max payments per year, end dates, and whatever else a mortgage contract would need.
As a developer I would have felt much more comfortable with that than legal papers, brochures and pamphlets.
It could detail in code the principal, functions to trigger interest rate increases/decreases, functions to cancel, early termination fees, payment addresses, max payments per year, end dates, and whatever else a mortgage contract would need.
As a developer I would have felt much more comfortable with that than legal papers, brochures and pamphlets.