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Smart Contract

What is Smart Contract?

Self-executing code stored on a blockchain that automatically enforces the terms of an agreement when predefined conditions are met.

AI and Technology

Frameworks that govern smart contract

EU AI ActView framework →

What the standards actually require on smart contract

Requirements naming smart contract across 4 standards, quoted from the control text.

EU Data Act1 control

Article 36 imposes essential requirements on smart contracts executing data-sharing agreements: robustness (defence against errors and manipulation), safe termination and interruption (mechanism to cancel a transaction by mutual consent or by court order), dat...

DA-Art.36 · Essential requirements for smart contracts (Article 36) →
UAE Virtual Asset Regulatory Authority (VARA) Regulations3 controls

Have a qualified independent third party perform vulnerability assessments and penetration tests, including smart contract audits where relevant, at least annually and before launching new systems or products;

uae-virtual-asset-regulatory-authority-vara-regulations::TI-I.E · Technology and Information Rulebook I.E: Testing, audit and threat-led penetration testing →
GAMP 5 - Good Automated Manufacturing Practice1 control

Distributed ledger networks that record data from several participants using cryptography, consensus, smart contracts and replication may support GxP processes such as supply chain track and trace, and the guide gives the GxP practitioner considerations for re...

gamp-5-good-automated-manufacturing-practice::D10 · Appendix D10 Distributed Ledger Systems →
ITU-T X.805 - Security Architecture for End-to-End Communications1 control

Security Layer 3 Applications per X.805 Clause 7.3: The Applications Security Layer covers what is required of the applications that service provider customers reach over the network.

X805-Layer3-Applications-Security-Email-Web-Directory-File-Transfer-E-Commerce-Video · ITU-T X.805 Security Layer 3 - Applications Security + Email + Web + Directory + File Transfer + E-Commerce + Video Conferencing + IM + Office Collaboration + SaaS + B2B EDI + Mobile Apps + APIs →

Questions people ask about smart contract

What is Smart Contract?
Self-executing code stored on a blockchain that automatically enforces the terms of an agreement when predefined conditions are met.
Why is Smart Contract important for compliance?
Smart Contract is a key concept in AI and Technology. Understanding smart contract helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 1,016 frameworks with 316K cross-framework control mappings.
Which compliance frameworks address Smart Contract?
Smart Contract appears in the requirement text of EU Data Act, UAE Virtual Asset Regulatory Authority (VARA) Regulations, GAMP 5 - Good Automated Manufacturing Practice, ITU-T X.805 - Security Architecture for End-to-End Communications. Across these standards we have identified 6 controls that name it directly, each linked to the control text on the compliance platform.
Where can I learn more about Smart Contract?
Explore our compliance framework pages to see how smart contract applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 1,016 frameworks.

See how Smart Contract applies across compliance frameworks

Our platform maps 1,016 frameworks with 316K cross-framework control mappings. Explore how this concept is addressed across standards.

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Written and maintained by Gerard Blokdyk, The Art of Service.