VIABILITY ON THE USE OF SMART CONTRACTS FOR FRANCHISING: A CASE STUDY
Franchising; Smart Contracts; Blockchain.
The business modality is guided by the franchise agreement, which directs the relationship between franchisor and franchisee. Sometimes, due to the occurrence of information asymmetry, conflicts in the relationship between those involved are generated. The automation of contracts, in the form of smart contracts, is one of the possibilities for solving some of the issues related to the relationship between franchisee and franchisor. Thus, the objective of this work is to carry out a case study, demonstrating the applicability of smart contracts, blockchain clauses for the specific control and monitoring of franchise contracts. The study is based on the franchise system as a whole, from the signing of the contract between franchisor and franchisee, as well as the types of franchises, their contractual clauses and even alternatives generated, identifying a franchise modality and a type of contract in which the possibility of automatic control and monitoring of contractual clauses through smart contracts will be verified.