At the recent States of Deliberation meeting on 27 February
2019, the States approved a draft ordinance under The Electronic
Transactions (Guernsey) Law, 2000 (the "Law") which has
been designed to create certainty under Guernsey law in relation to
the legal effect, validity or enforceability of a contract
involving an electronic agent(s).
What is an electronic agent?
The Law defines an 'electronic agent' as: "A
computer program or electronic or other automated means used
independently to initiate an action or to respond in whole or in
part to information or actions in electronic form or communicated
by electronic means, without review or action by a natural
person."
Electronic agents and smart contracts