Design principle DP2: Enforceable and immutable algorithmic contracts
Contracts between the newsvendor and the expert should be defined as enforceable and immutable algorithms; coding the agreement as a smart contract whose source code is immutable ensures automatic, tamper-proof enforcement of the scoring rule.
Source paper
This design principle is proposed by Aligning the interests of newsvendors and forecasters through blockchain-based smart contracts and proper scoring rules (Arthur Carvalho, Majid Karimi, 2021).
Citations
[1] Arthur Carvalho, Majid Karimi. Aligning the interests of newsvendors and forecasters through blockchain-based smart contracts and proper scoring rules. Decision Support Systems 151 (2021) 113626. https://doi.org/10.1016/j.dss.2021.113626 (opens in a new tab) [2] Source document: Aligning the interests of newsvendors and forecasters through blockchain-based smart contracts and proper scoring rules.pdf