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Key Legal Issues Surrounding Smart Contract Applications

Title
Key Legal Issues Surrounding Smart Contract Applications
Author(s)
Pablo Sanz Bayón
Publication Year
31-May-2019
Citation
KLRI Journal of Law and Legislation, Vol. 9 Issue. 1 Page. 63-92, 2019
ISSN
2234-7526
Publisher
한국법제연구원
Keyword
smart contract; blockchain; distributed-ledger technology; self-executing agreements
Type
Articles
Language
eng
URI
http://www.klri.re.kr:9090/handle/2017.oak/8945
Table Of Contents
I. A Basic Concept of Smart Contract

II. Blockchain as a Suitable Technology for Smart Contracts

III. Operation of Smart Contracts on Blockchain Platforms
A. The Main Problem of Contracts
B. The Blockchain Solution to the Main Problem of Contracts

IV. Legal Categorization of Smart Contracts and Some Problematic Aspects
A. Premises for a Legal Categorization of Smart Contracts
B. Problematic Aspects that Arise with Smart Contracts
C. The Path towards the Design of a Harmonized Supranational Legislative Policy for Smart Contracts: Main Challenges

V. Final Remarks
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