Guernsey is demonstrating its global leadership in drafting new
laws to offer certainty in the use of "Electronic Agents"
in transactions and contract matters, and to create a smart, secure
environment for the exploitation of technology for specialist
financial services.
The lodging of the Electronic Transactions (Electronic Agents)
(Guernsey), 2019, Ordinance this week offers greater certainty as
the use of artificial intelligence and distributed ledger
technology grows. It will boost confidence and enable adopters of
technology solutions to use Guernsey.
The new law will allow the formation of a contract through the
interaction of electronic agents, on the presumption that natural
persons intended to create a legally binding contract.
