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Persistent link: https://www.econbiz.de/10012902322
The current perception of the United Nations as the only institution charged with governing international security issues was neither intended nor required. Although the historical development of the World Trade Organization (WTO) caused a significant shift in its governance focus, the WTO is...
Persistent link: https://www.econbiz.de/10013016897
The current discussions around algorithms, legal ethics, and expanding legal access through technological tools gravitate around two themes: (1) protection of the integrity of the legal profession and (2) a desire to ensure greater access to legal services. The hype cycle often pits the desire...
Persistent link: https://www.econbiz.de/10013215566
Smart contracts and their promise of automatic performance capture legal and entrepreneurial imaginations. But the excitement around the technology led to some confusing legal responses. Several legal scholars use chronology to help reduce the confusion and place smart contracts within what is...
Persistent link: https://www.econbiz.de/10013214089
Currently, several states are considering changes to their business organization law to accommodate autonomous businesses—businesses operated entirely through computer code. Several international civil society groups are also actively developing new frameworks and a model law for enabling...
Persistent link: https://www.econbiz.de/10013243170
Public blockchain protocols face a serious governance crisis. Thus far, blockchain protocols have followed the path of early Internet governance. If the architects of blockchain protocols are not careful, they may suffer a similar fate — increasing governmental control, greater centralization,...
Persistent link: https://www.econbiz.de/10014361933
Current regulation of decentralized ledger technology leaves industry actors in confusion, facing high risk, and confronting significant disincentives to innovate. This Article argues that an endogenous regulatory approach offers an avenue for alleviating these obstacles while still providing...
Persistent link: https://www.econbiz.de/10014361953
Distributed ledger technology enables disruption of traditional business organizations by introducing new business entities without the directors and officers of traditional corporate entities. Although these emerging entities offer intriguing possibilities, distributed entities may suffer...
Persistent link: https://www.econbiz.de/10014359344
Work at the intersection of blockchain technology and law suffers from a distinct linguistic disadvantage. As a highly interdisciplinary area of inquiry, legal researchers, lawmakers, researchers in the technical sciences, and the public all talk past each other, using the same words, but as...
Persistent link: https://www.econbiz.de/10014265454