My bond is my contract A bond is nothing more, nothing less than … a contract. Which lawyers model as a set of elements: • a party and a counterparty • offer & acceptance • consideration: • goods/services <-> money • terms and conditions 51
![First R3 Smart Contract Templates Summit (All Slides) - Page 51](/cdn-cgi/image/width=600,quality=80,format=webp/https://cdn.relayto.com/images_originals/582c50f67b30f.jpeg)
My bond is my contract A bond is nothing more, nothing less than … a contract. Which lawyers model as a set of elements: • a party and a counterparty • offer & acceptance • consideration: • goods/services <-> money • terms and conditions 51