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Friday, November 27, 2020

Rules as Code: White Paper

More on the direction of encoding legal rules and reasoning, like smart contracts, in coding.   And their accurate use and manipulation. 

'Rules as Code' will let computers apply laws and regulations   by Guido Governatori, The Conversation  in TechExplore

Can computers read and apply legal rules? It's an idea that's gaining momentum, as it promises to make laws more accessible to the public and easier to follow. But it raises a host of legal, technical and ethical questions.

The OECD recently published a white paper https://oecd-opsi.org/report-launch-opsi-innovation-primer-on-rules-as-code/ on "Rules as Code" efforts around the world. The Australian Senate Select Committee on Financial Technology and Regulatory Technology will be accepting submissions on the subject until 11 December 2020.

Machines cannot read and respond to rules that are expressed in human language. To make rules machine-readable and actionable, the interpretation of the rules must also be coded. Determining how best to code law is important as we venture deeper into a digital future.  ... " 

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