Analyzing of the qualities of distinguishing capacity of parties in the implementing of Smart contracts in the legal system of Iran

In accordance with Article 79 of the Electronic Commerce Act, adopted in 1382, the Ministry of Industry, Mine and Commerce is committed to implementing e-commerce related tools in Iran.The most sophisticated electronic devices used in the world are smart contracts that entered the US legal system from 2016 onwards, and then used in other developed countries.Smart Contracts take place in a decentralized ledger environment, then the property owners are automatically transferred to the parties to the transaction and ultimately registered in the Blockchain.Acquiring partie's capacity in smart contracts is about real and legal persons in two stages before and during the transaction.Individuals must make use of digital signatures and virtual currency ownership to conclude this contract. Authorized licenses will be awarded to them if their tenants are approved by the competent authorities for the transaction, so that if such person is not registered or his / her affiliation goes away later, such authorization will not be assigned to him / her or canceled.This condition must also be complied with if the individual or legal person concludes his or her transactions by Decentralized Autonomous Organizations. In certain circumstances, there is also the possibility of discovering the trading side through Oracle. This research examines the mechanism of concluding and operating smart contracts by explaining how these contracts are recognized in Iran's legal system.