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The main reason why we focus on cyber-attacks and see this problem as important is…
Although the reason for the attack cannot always be perceived with the desired accuracy…
Thus, eventually, if the firewall is breached and a risk occurs during any cyber-attack…
If the Yacht Insurance Contract Is Issued as A Smart Contract?…
We have evaluated above that insurance contracts and policies for yachts can be issued…
In order to answer these questions, it is necessary to briefly mention what a smart…
In terms of features of smart contracts, we can list the following…
i.Ensures that transactions are carried out securely,…
ii.Once the smart contract is established, it cannot be changed again,…
iii.Smart contracts are automatically applied and executed,…
iv.Transactions made in smart contracts are transparent,…
v.Smart contracts reduce transaction and litigation costs, although conditions could…
vi.The parties do not need to know and trust each other,…
vii. Smart contracts eliminate the double-spending problem,…
viii. Smart contracts are limited to the digital world,…
ix.It is not possible to conclude smart contracts on matters that involve discretion…
x.Smart contracts access information outside the blockchain through “Oracles<…
In our opinion, there is no obstacle in Turkish Law to the use of smart contracts…
In line with these explanations, smart yachts can have both consumer yacht insurance…
In terms of smart contracts, the above-mentioned aspects will remain valid within…
However, in smart contracts, the yacht insurer’s liability may be faced with a “pseudonymity”…
Ultimately, we would like to underline the need for legal regulations regarding these…
