Embracing software-driven smart contracts to fulfill legal agreements is a promising direction for digital transformation in the legal sector. Existing solutions mostly consider smart contracts as simple add-ons, without leveraging the programmability of smart contracts to realize complex semantics of legal agreements. In this paper, we propose iSyn, the first end-to-end system that synthesizes smart contracts to fulfill the semantics of financial legal agreements, with minimal human interventions. The design of iSyn centers around a novel intermediate representation (SmartIR) that closes the gap between the natural language sentences and smart contract statements. Specifically, iSyn includes a synergistic pipeline that unifies multiple NLP-techniques to accurately construct SmartIR instances given legal agreements, and performs template-based synthesis based on the SmartIR instances to synthesize smart contracts. We also design a validation framework to verify the correctness and detect known vulnerabilities of the synthesized smart contracts.We evaluate iSyn using legal agreements centering around financial transactions. The results show that iSyn-synthesized smart contracts are syntactically similar and semantically correct (or within a few edits), compared with the “ground truth” smart contracts manually developed by inspecting the legal agreements.
No takes yet. Share an insight, caveat, or question.
Fang et al. (2023) studied this question.
Synapse has enriched one closely related paper. Consider it for comparative context: