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to fill gaps in incomplete contracts with default rules. The blockchain is a distributed ledger that allows the …. Because humans code the contracts of the blockchain, gaps in these contracts will arise. Yet in the world of “smart … contracting” on the blockchain, there is no place for the law to step in to supply default rules — no legal intervention point …
Persistent link: https://www.econbiz.de/10012926904
The blockchain is a technology that goes beyond timestamping, bitcoin and secure financial transactions. The … development of an ecosystem around smart connected objects will probably not happen without the blockchain (in one form or another …). The blockchain opens the door to the liquification of the physical world, to the economy of real-time micro …
Persistent link: https://www.econbiz.de/10011794645
particular; and explores the promise for widespread application of Bitcoin's underlying blockchain technological platform to the …. Third, there is an explanation of blockchain technology - what it is and why it is important. Fourth, the article discusses … recent developments that provide a validation of blockchain application to financial services markets. Finally, there is a …
Persistent link: https://www.econbiz.de/10012969178
Blockchain technology has ... …
Persistent link: https://www.econbiz.de/10012849956
The "Blockchain" is a revolutionary database that does away with the weaknesses of traditional solutions for storing … track where the vehicle is in its lifecycle. The blockchain as a technology is more of a ledger recording "agreements." It … blockchain-based Public Key Infrastructure (PKI) encryption. It also provides a complete history of "deals" made between two or …
Persistent link: https://www.econbiz.de/10012925114
protection and education, centralized entities and regulators' efforts to prevent scams, and the use of blockchain forensic … techniques to investigate and curb cybercrimes such as ransomware attacks and money laundering. We also go beyond blockchain and …
Persistent link: https://www.econbiz.de/10014254541
The rapid rise of cryptocurrencies over the last twenty years has interjected havoc into the staid field of commercial law, one long regulated by the Uniform Commercial Code (“U.C.C.” or “UCC”). Naturally, many individuals and organizations started to count their stash of...
Persistent link: https://www.econbiz.de/10012844331
In this article, the authors show that blockchain can help in reaching the goals of antitrust law in situations where …
Persistent link: https://www.econbiz.de/10013248037
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