Firstly, the booms and busts we see with financial markets are based on information asymmetries that benefit the very few who can exploit them. Often, the rest of society is left to foot the bill. This is not right and has to change. Secondly, millions of users across emerging markets still lack basic economic agreements about bank accounts, insurance, global trade and many other contract systems that users in developed markets often take for granted. Hybrid smart contract applications can take the rest of the world from zero to one, regardless of their local system’s failings. This is perhaps the most worthwhile goal in all of contract theory.
