Blockchain Technology as a Regulatory Technology: From Code is Law to Law is Code
| Autor: | Samer Hassan, Primavera De Filippi |
|---|---|
| Přispěvatelé: | Centre d'Etudes et de Recherches de Sciences Administratives et Politiques (CERSA), Université Panthéon-Assas (UP2)-Centre National de la Recherche Scientifique (CNRS), Universidad Complutense de Madrid = Complutense University of Madrid [Madrid] (UCM) |
| Rok vydání: | 2018 |
| Předmět: |
FOS: Computer and information sciences
Source code Smart contract Computer Networks and Communications Computer science media_common.quotation_subject 050801 communication & media studies ComputingMilieux_LEGALASPECTSOFCOMPUTING Computer Science - Computers and Society 0508 media and communications [SHS.DROIT]Humanities and Social Sciences/Law 0502 economics and business Computers and Society (cs.CY) Information and communication technologies for development media_common Flexibility (engineering) business.industry 05 social sciences Code Access Security Ambiguity 16. Peace & justice Human-Computer Interaction Computer Science - Distributed Parallel and Cluster Computing Information and Communications Technology Law The Internet Distributed Parallel and Cluster Computing (cs.DC) [INFO.INFO-DC]Computer Science [cs]/Distributed Parallel and Cluster Computing [cs.DC] business 050203 business & management |
| Zdroj: | First Monday First Monday, University of Illinois at Chicago Library, 2016 First Monday; Volume 21, Number 12-5 December 2016 |
| ISSN: | 1396-0466 |
| DOI: | 10.48550/arxiv.1801.02507 |
| Popis: | International audience; " Code is law " refers to the idea that, with the advent of digital technology, code has progressively established itself as the predominant way to regulate the behavior of Internet users. Yet, while computer code can enforce rules more efficiently than legal code, it also comes with a series of limitations, mostly because it is difficult to transpose the ambiguity and flexibility of legal rules into a formalized language which can be interpreted by a machine. With the advent of blockchain technology and associated smart contracts, code is assuming an even stronger role in regulating people's interactions over the Internet, as many contractual transactions get transposed into smart contract code. In this paper, we describe the shift from the traditional notion of " code is law " (i.e. code having the effect of law) to the new conception of " law is code " (i.e. law being defined as code). |
| Databáze: | OpenAIRE |
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