Implications of Blockchain-Based Smart Contracts on Contract Law PDF Download

Author: Larry A. DiMatteo
Publisher: Cambridge University Press
ISBN: 9781108492560
Category : Law
Languages : en
Pages : 500

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Book Description
The product of a unique collaboration between academic scholars, legal practitioners, and technology experts, this Handbook is the first of its kind to analyze the ongoing evolution of smart contracts, based upon blockchain technology, from the perspective of existing legal frameworks - namely, contract law. The book's coverage ranges across many areas of smart contracts and electronic or digital platforms to illuminate the impact of new, and often disruptive, technologies on the law. With a mix of scholarly commentary and practical application, chapter authors provide expert insights on the core issues involving the use of smart contracts, concluding that smart contracts cannot supplant contract law and the courts, but leaving open the question of whether there is a need for specialized regulations to prevent abuse. This book should be read by anyone interested in the disruptive effect of new technologies on the law generally, and contract law in particular.

Author: Chantal Bomprezzi
Publisher:
ISBN: 9783848785926
Category :
Languages : en
Pages : 266

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Book Description
This book provides an in-depth analysis of the main debates surrounding blockchain-based smart contracts and contract law. After having provided a detailed description of the technology, it considers existing rules concerning technology and contracts, from vending machines to computable contracts, and verifies its applicability to blockchain-based smart contracts. Namely, it focuses on the implications of blockchain-based smart contracts on contract formation, contract performance, and applicable law and jurisdiction.

Author: Aaron Grinhaus
Publisher:
ISBN: 9780433501008
Category : Blockchains (Databases)
Languages : en
Pages :

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Book Description
"This book is a comprehensive text addressing tax, securities, regulatory and other issues that are essential to practicing in this multidisciplinary space. It surveys legal issues related to blockchain, distributed ledger technology and smart contracts, which is an interdisciplinary area of law requiring expertise in tax, securities, anti-money laundering and FINTRAC regulations, class actions, estate planning, commercial transactions and others. "--

Author: Marcelo Corrales Compagnucci
Publisher: Bloomsbury Publishing
ISBN: 1509937048
Category : Law
Languages : en
Pages : 271

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Book Description
This book brings together a series of contributions by leading scholars and practitioners to examine the main features of smart contracts, as well as the response of key stakeholders in technology, business, government and the law. It explores how this new technology interfaces with the goals and content of contract law, introducing and evaluating several mechanisms to improve the 'observability' and reduce the costs of verifying contractual obligations and performance. It also outlines various 'design patterns' that ensure that end users are protected from themselves, prevent cognitive accidents, and translate expectations and values into more user-oriented agreements. Furthermore, the chapters map the new risks associated with smart contracts, particularly for consumers, and consider how they might be alleviated. The book also discusses the challenge of integrating data protection and privacy concerns into the design of these agreements and the broad range of legal knowledge and skills required. The case for using smart contracts goes beyond 'contracts' narrowly defined, and they are increasingly used to disrupt traditional models of business organisation. The book discusses so-called decentralised autonomous organisations and decentralised finance as illustrations of this trend. This book is designed for those interested in looking to deepen their understanding of this game-changing new legal technology.

Author: Marcelo Corrales
Publisher: Springer
ISBN: 9811360863
Category : Law
Languages : en
Pages : 276

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Book Description
There is a broad consensus amongst law firms and in-house legal departments that next generation “Legal Tech” – particularly in the form of Blockchain-based technologies and Smart Contracts – will have a profound impact on the future operations of all legal service providers. Legal Tech startups are already revolutionizing the legal industry by increasing the speed and efficiency of traditional legal services or replacing them altogether with new technologies. This on-going process of disruption within the legal profession offers significant opportunities for all business. However, it also poses a number of challenges for practitioners, trade associations, technology vendors, and regulators who often struggle to keep up with the technologies, resulting in a widening regulatory “gap.” Many uncertainties remain regarding the scope, direction, and effects of these new technologies and their integration with existing practices and legacy systems. Adding to the challenges is the growing need for easy-to-use contracting solutions, on the one hand, and for protecting the users of such solutions, on the other. To respond to the challenges and to provide better legal communications, systems, and services Legal Tech scholars and practitioners have found allies in the emerging field of Legal Design. This collection brings together leading scholars and practitioners working on these issues from diverse jurisdictions. The aim is to introduce Blockchain and Smart Contract technologies, and to examine their on-going impact on the legal profession, business and regulators.

Author: Aaron Grinhaus
Publisher:
ISBN: 9781663332455
Category : Blockchains (Databases)
Languages : en
Pages : 0

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Book Description
Blockchain and Smart Contract Law: U.S. and International Perspectives is a practical guide for lawyers, accountants, entrepreneurs, and businesses in the technology sector who need to understand the legal and regulatory landscape of digital assets and Blockchain-related technologies. The publication addresses the current state of the law and new interpretations by regulators in response to ongoing innovations that continue to raise novel legal issues and make the enforcement of laws and regulations increasingly difficult. The book examines U.S., Canada, offshore, and international jurisdictions that have become influential in the regulation of digital assets and Blockchain-related technologies. Blockchain and Smart Contract Law: U.S. and International Perspectives provides a unique analysis of the impact of financial technologies on multiple legal disciplines, including securities law considerations, tax treatment of digital assets, business structuring, anti-money laundering, smart contracts, intellectual property, and estate planning. -- from publisher website.

Author: Daniel Kraus
Publisher: Edward Elgar Publishing
ISBN: 1788115139
Category : LAW
Languages : en
Pages : 384

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Book Description
The growth of Blockchain technology presents a number of legal questions for lawyers, regulators and industry participants alike. Primarily, regulators must allow Blockchain technology to develop whilst also ensuring it is not being abused. This book addresses the challenges posed by various applications of Blockchain technology, such as cryptocurrencies, smart contracts and initial coin offerings, across different fields of law. Contributors explore whether the problems posed by Blockchain and its applications can be addressed within the present legal system or whether significant rethinking is required.

Author: Nour El Madhoun
Publisher: Springer Nature
ISBN: 3031500288
Category : Blockchains (Databases)
Languages : en
Pages : 304

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Book Description
This book is an in-depth exploration of blockchain and smart contracts technologies, systematically addressing their theoretical foundations while highlighting concrete applications in several key sectors. It begins by defining the fundamentals of blockchain and smart contracts, then ventures into the legal domain, analyzing the implications of automated contracts from both backend and frontend perspectives. A particular focus is placed on a sustainable design for cryptocurrencies, anticipating the principles and expectations of the future. The book then provides a detailed taxonomy of blockchain's financial applications, while also examining its role in managing scientific workflows. The fascinating world of NFTs is also explored, from the tokenization of fine arts to innovative event ticketing systems. The convergence between ontologies and blockchain technology is then highlighted, followed by an in-depth assessment of the implications of this technology in the telecommunications sector, including a SWOT analysis of next-generation cellular networks. Written by academic researchers and industry experts, this book offers a complete and nuanced perspective on the transformational potential of blockchain. Provides an overview of blockchain/smart-contract based applications while including NFTs and telecommunications applications; Presents a detailed taxonomy of blockchain's financial applications; Features fundamentals of blockchain and smart-contracts that include principles, theories, protocols, architectures; Includes chapters written by academic and industrial researchers.

Author: Primavera De Filippi
Publisher: Harvard University Press
ISBN: 0674985915
Category : Law
Languages : en
Pages : 196

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Book Description
“Blockchains will matter crucially; this book, beautifully and clearly written for a wide audience, powerfully demonstrates how.” —Lawrence Lessig “Attempts to do for blockchain what the likes of Lawrence Lessig and Tim Wu did for the Internet and cyberspace—explain how a new technology will upend the current legal and social order... Blockchain and the Law is not just a theoretical guide. It’s also a moral one.” —Fortune Bitcoin has been hailed as an Internet marvel and decried as the preferred transaction vehicle for criminals. It has left nearly everyone without a computer science degree confused: how do you “mine” money from ones and zeros? The answer lies in a technology called blockchain. A general-purpose tool for creating secure, decentralized, peer-to-peer applications, blockchain technology has been compared to the Internet in both form and impact. Blockchains are being used to create “smart contracts,” to expedite payments, to make financial instruments, to organize the exchange of data and information, and to facilitate interactions between humans and machines. But by cutting out the middlemen, they run the risk of undermining governmental authorities’ ability to supervise activities in banking, commerce, and the law. As this essential book makes clear, the technology cannot be harnessed productively without new rules and new approaches to legal thinking. “If you...don’t ‘get’ crypto, this is the book-length treatment for you.” —Tyler Cowen, Marginal Revolution “De Filippi and Wright stress that because blockchain is essentially autonomous, it is inflexible, which leaves it vulnerable, once it has been set in motion, to the sort of unforeseen consequences that laws and regulations are best able to address.” —James Ryerson, New York Times Book Review

Author: Michèle Finck
Publisher: Cambridge University Press
ISBN: 1108474756
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
Finck examines the emergence of blockchains (and other forms of distributed ledger technologies) and the implications for regulation and governance.