Foreign civil doctrine of smart contracts

SHS Web of Conferences, Journal Year: 2022, Volume and Issue: 134, P. 00016 - 00016

Published: Jan. 1, 2022

The article is devoted to a topic of great scientific and practical importance in the modern context creating digital economy ecosystemб smart contract phenomenon. focuses on foreign civilistic doctrine study. main discussion questions about legal technological nature contract, ways its implementation current law each country, approaches national legislators solving this issue functional are considered. disputable problems problem contract. also involves comparative aspect: it analyzes Russian legislator representatives domestic place pandect system civil comparison with systems settlement similar issues. It noted that using positive experience contracts regulation should be taken into account when correcting regulatory platform Federation. evaluates innovation Part 2 Article 309 Civil Code Federation (RF CC). description given developers positions Explanatory Note relevant draft law; investigation performed terms used version RF CC regard electronic form deal In addition, raises well known doctrine: computer code credibility distrust counterparties other. Attention paid advantages which discussed by scientists, as other related sciences. conclusion article, findings demonstrate authors’ view issues considered article.

Language: Английский

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The improvement of legal regulation of franchising in the conditions of digital economy

Право и политика, Journal Year: 2020, Volume and Issue: 3, P. 40 - 55

Published: March 1, 2020

The subject of this research is the legal regulation franchising at current stage economic development. object social relations emerging as a result conducting business activity in form franchising. present state Russian Federation being analyzed. Special attention paid to aspects institution conditions digitalization. author examines prospects using smart contracts sphere franchising, peculiarities digital elements within franchise, concept and its regulation. scientific novelty consists examination economy from perspective analysis determination prospect institutions. It concluded that improvement context possible through following avenues: 1) simplified procedure registration for granting exclusive rights based on agreement commercial concession; establishment alternative methods identification entity who expresses statement intention; 2) introduction amendments Part 3 Civil Code assigning status such objects cloud technologies big data; 3) norms Article 1033 specify admissibility restrictive terms with regards user Internet; 4) formulation regulatory rendering services,.

Language: Английский

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Socioeconomic technologies – development trends in the age of digitalization

Published: Nov. 19, 2020

Dramatical changes in society’s infrastructure require new conceptual approaches towards the research of socioeconomic phenomena. Nowadays, environment surrounding people experience qualitative changes; it has become possible to use full information on history objects. It is essential develop a framework enabling thoroughly describe interaction an individual and that changed by digital technologies. In this article, suggested concept technology context exploration digitalization processes. These include Internet things, big data processing, widespread implementation personal tools process share etc. The allows tying up technologies with needs society as well phenomena emerging infrastructure. approach may be used at development global communication infrastructure, for processing storage data, other aspects digitalization. Today different directions consumption sphere taking into account emergence virtual properties Virtual result example multiple ways implement possibility store major objects individual. Conceptual article holistically addressing issues commercial efficiency management age

Language: Английский

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Citizens’ digital infrastructure as a new element of modern society critical infrastructure

Published: Nov. 23, 2020

Widespread digitalization of the modern society - emergence digital devices, introduction Internet Things, development Big Data processing and other technologies result in new challenges. Not only industrial corporate automation that has already been considerably covered by legislation initiatives but also everyday life started to constitute a critical infrastructure society. This largely happens because devices substituting traditional owned citizens are incorporated into corporate, financial state business processes. For instance, citizens’ becoming source primary data for energy utility companies. More opportunities direct interaction solutions between themselves resulting controversial synergy effect have emerging recently. The article addresses specifics light infrastructure, particular necessity special aspects legal regulatory framework possible trends this functionality.

Language: Английский

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Variability of Smart Contract Technology Implementation in Transport and Logistics Chains

Proceedings of the International Scientific Conference - Digital Transformation on Manufacturing, Infrastructure and Service, Journal Year: 2020, Volume and Issue: unknown, P. 1 - 8

Published: Nov. 18, 2020

The article presents scenarios for the transition to smart contract technology, compiled as a result of study functioning transport and logistics chains formed by largest Russian railway company, JSC "Russian Railways", also specifies set conditions introduction effective use this technology. It is determined that necessary condition technology companies, which mainly occupy monopoly position in their segment services market, focus on an expanded chain presence Mature processes. Special attention paid methodological tools assessing maturity internal processes company chain. presented approach recommended large operators own infrastructure facilities act companies chains.

Language: Английский

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Synergy of Business, Law and Economy in the Smart-Contract Implementation

SHS Web of Conferences, Journal Year: 2021, Volume and Issue: 110, P. 01015 - 01015

Published: Jan. 1, 2021

The evolution of digital technologies leads to a tectonic transformation all spheres society. Law, as system regulating public relations, is changing dynamically along with the development relations in different spheres. IT led emergence blockchain technology, which, turn, became basis for smart contracts. Smart contract it develops, causes changes not only legislation, but also model interaction between state and business. Due contracts, significant part rules can be algorithmized, regulation become machine-readable. Purpose research: Legal research current synergy business, law economy implementation determination theoretical concepts relation content problems application identification most proposals improving legislation. Methods: authors used general specific scientific methods. In study technological foundations contract, main methods were analysis, synthesis, analogy, system-structural approach.

Language: Английский

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Rights of investors in the context of algorithmic Artificial Intelligence technologies and automatization

Brazilian Journal of Law Technology and Innovation, Journal Year: 2023, Volume and Issue: 1(2), P. 42 - 62

Published: Sept. 1, 2023

This study explores the profound impact of digital technologies on economic processes, particularly in realm investments. Financial organizations are leveraging platforms and algorithmic artificial intelligence (AI) to provide enhanced services consumers. AI-powered algorithms surpass humans processing vast amounts information, leading improved price discovery reduced transaction costs. Robo-advisors, empowered by AI, have become pivotal players financial markets, offering personalized investment portfolios based risk profiles objectives. While AI eliminate human errors streamline decision-making, they also introduce new risks. Flaws algorithm construction, intentional errors, cybersecurity vulnerabilities, regulatory challenges supervising self-learning concerns. Additionally, rise blockchain has transformed cryptocurrencies tokens into tradable assets with their own protection challenges. Researchers emphasize that wealth data correlations facilitated can unintended consequences, development proper supervision control mechanisms is vital. As landscape continues evolve, it becomes crucial for investors regulators navigate complexities address emerging Global Technology Risk (GTR).

Language: Английский

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LEGAL NATURE OF A SMART-CONTRACT AND ISSUES OF ITS APPLICATION IN THE FIELD OF DIGITAL ASSETS

Economics and Law, Journal Year: 2023, Volume and Issue: 1, P. 53 - 61

Published: April 27, 2023

The article looks into the concept and legal nature of smart contracts, as well issues that arise during use contracts in field digital assets. technical aspects a contract are considered. Models described. Scientific legislative approaches to determining presented. dual is analyzed: form transaction an object copyright. Some protection rights parties Based on findings, temporary solutions using proposed.

Language: Английский

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Smart Contract as a New Legal Phenomenon

Lecture notes in networks and systems, Journal Year: 2023, Volume and Issue: unknown, P. 539 - 549

Published: Jan. 1, 2023

Language: Английский

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On the need to improve the system of legal regulation of digital assets in the Russian Federation

Юридические исследования, Journal Year: 2021, Volume and Issue: 4, P. 59 - 76

Published: April 1, 2021

The relevance of the work is substantiated by heightened interest to digitalization all sectors economy in Russia and world. This explained fact that states see an opportunity earn a competitive advantage ensure economic stability namely new technologies their rapid implementation life country. resulted development range draft laws aimed at regulating legal relations area digital assets, part which came into force 2021. authors examine system legislative regulation transactions with determine its merits flaws, carry out comparative analysis leading foreign practices. authors’ special contribution this research lies attempt develop unified approach towards understanding nature assets Russian Federation, disclosure concept essence were revealed, as well promising directions Russia. article outlines problems Russia, offers ways for solutions. main conclusions consists of  uniform currencies, description specific characteristics information exist within, substantiation need consolidation.

Language: Английский

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