#actorprogramming — Public Fediverse posts

I'm watching a documentary about a fraud involving multiple shell companies, improper circular ownership and payments, debt avoidance, multinational holdings, and more. I know that I'm showing my #CapabilityTheory and #ActorProgramming / #ocap roots here, but I'm imagining how this fraud would have been prevented by smart contracts.

I'm not talking about blockchains! I'm talking about capability-safe actors -- hunks of program code with limited enumerated rights -- ratifying the clauses of a contract as money and control changes hands. A smart contract could have detected and prevented about half of the improper transactions outright.