Статья посвящена изучению нового объекта гражданских прав — токену (цифровому праву). Исследуется вопрос о юридической природе, гражданско-правовом режиме цифровых прав. Анализируются нормы закона о понятии и содержании цифровых прав. Рассмотрение токена как цифрового способа фиксации имущественных прав дает возможность рассматривать его как некую имущественную ценность, правовой режим которой аналогичен «ценным правам» (Wertrechte), выделяемым в европейском континентальном праве германского типа. Сделан вывод, что токен выполняет в информационной системе несколько функций: 1) распознавание управомоченного лица; 2) цифровая единица цены доли участия лица в бизнес-проекте, в инвестировании строительства; 3) цифровая единица баланса актива имущества юридического лица; 4) цифровой аналог бездокументарных ценных бумаг; 5) …
Courier of Kutafin Moscow State Law University (MSAL),
Год журнала:
2025,
Номер
1(11), С. 70 - 77
Опубликована: Янв. 26, 2025
The
article
is
devoted
to
the
implementation
of
blockchain
technology
in
transport
transactions
and
impact
this
on
features
concluding
executing
sector.
Blockchain
a
key
element
smart
contracts,
as
type
electronic
provides
new
opportunities
for
security
transactions,
but
issue
regulating
such
identification
transaction
subjects,
well
data
protection
from
unlawful
encroachment.
A
contract
allows
full
use
artificial
intelligence
technologies
sector
both
monitoring
execution
transaction.
problem
with
regulatory
frameworks
that
most
countries
do
not
have
specific
regulations,
allow
blockchain-based
tools,
contracts
bills
lading.
However,
recent
changes
digital
asset
legislation,
allowing
settlements
cryptocurrency,
indicate
trend
towards
permissive
regulation
technology,
which
will
lead
greater
adoption
BRICS Law Journal,
Год журнала:
2024,
Номер
11(1), С. 32 - 57
Опубликована: Май 3, 2024
Tokens
and
other
digital
technologies,
in
essence,
can
be
considered
neither
property
nor
objects
of
civil
law,
are
they
inherently
a
part
rights
per
se.
These
technical
solutions
acquire
corresponding
legal
status
only
when
become
an
object
such
relations.
When
this
occurs,
assets
consequently
subject
to
regulations.
The
nature
tokens
is
amatter
much
dispute:
some
define
them
as
while
others
view
means
confirm
the
object.
This
article
aims
prove
that
serve
both
functions.
In
most
cases,
confirming
certain
tangible
(for
instance,
secure
rights).
function,
for
cryptocurrencies
securities,
however,
themselves
because
play
relations
(that
is,
object).
absolute
relative
rights.
common
law
doctrine
treats
right
securities
right.
Continental
on
contrary,
cannot
include
category
since
within
framework
always
tangible.
Digital
assets,
intangible.
Therefore,
not
property.
suggests
new
similar
rights,
except
one
distinction:
necessarily
thing.
Based
authors’
concept,
referred
Journal of Digital Technologies and Law,
Год журнала:
2023,
Номер
1(3), С. 752 - 774
Опубликована: Авг. 20, 2023
Objective
:
to
research
the
existing
problems
and
promising
directions
of
legal
regulation
digital
financial
assets
as
a
relatively
new
tool
modern
economy.
Methods
methodological
basis
work
is
set
scientific
cognition
methods
such
theoretical
analysis,
research,
comparison,
synthesis,
summarization
literature.
Results
analyzes
approaches
in
Russian
Federation
some
foreign
countries,
reveals
gaps
legislation
field
circulation
assets,
gives
estimation
prospects
development
these
tools
forms
proposals
for
its
improving.
Also,
during
currencies
adopted
certain
were
analyzed,
trends
considered,
positive
negative
aspects
using
cryptographic
algorithms
goals
economic
juridical
spheres
global
economy
reflected.
Scientific
novelty
within
work,
topical
issues
legislative
notion
are
considered.
The
positions
jurist
considered
concerning
risks
associated
with
“tokenization”
“blockachainization”
private
law.
Besides,
author
comes
conclusion
about
existence
significant
current
approach
indicates
them
proposes
mechanisms
solve
problems.
Practical
significance
due
imperfect
sphere
relations
occurring
when
technologies
based
distributed
ledger,
including
assets.
Research
allows
evaluating
risks,
considering
ways
overcoming
solving
emerging
disputable
questions.
conclusions
obtained
can
be
used
improve
legislation,
well
academic
literature
devoted
developing
legislation.
Russian Journal of Economics and Law,
Год журнала:
2024,
Номер
18(2), С. 422 - 452
Опубликована: Июнь 12, 2024
Objective
:
to
determine
the
current
state
of
digital
financial
assets
market
and
prospects
for
its
development.
Methods
work
uses
comparative-logical
methods,
analysis,
synthesis,
comparative
analysis
in
terms
comparing
theoretical
aspects
DFA
practical
use
this
technology;
SWOT-analysis,
method
expert
assessments.
Results
era
digitalization
many
economic
processes,
one
key
trends
markets
is
tokenization
assets.
At
same
time,
there
a
lack
high-quality
institutional
system
managing
The
authors
identified
development
trends,
analyzed
state,
researched
published
scientific
works
prepared
brief
literature
review,
made
SWOT-analysis
market,
advantages,
potential
threats
Russia.
paper
identifies
development,
taking
into
account
existing
risks.
This
relevant
investors
when
planning
investments
selecting
DFAs
as
an
investment
object,
diversify
portfolio.
Scientific
novelty
narrative
was
carried
out.
A
traditional
instruments
performed.
main
regulatory
solutions
infrastructural
problems
were
identified,
that
are
necessary
presented
served
basis
formation
author’s
view
DFA-technologies
country,
which
researchers
aspects,
unification
harmonization
framework
socio-economic
relations.
Practical
significance
study
volume
issues
their
most
common
types.
issuers,
operators
organizers
issues,
can
results
make
decisions
activities
using
Finance Theory and Practice,
Год журнала:
2023,
Номер
27(4), С. 118 - 130
Опубликована: Авг. 28, 2023
The
object
of
the
study
is
valuation
and
commercialization
digital
intellectual
assets.
subject
a
conceptual
model
for
assessing
value
assets,
reflecting
regulatory
framework,
objects,
subjects,
principles,
approaches
methods
evaluation
involved
in
civil
turnover.
relevance
related
to
development
economy
emerging
new
types
including
which
require
their
identification
formation
theoretical
methodological
basis
valuation.
purpose
build
estimating
assets
subsequent
with
consideration
identified
characteristics,
substantiated
factors,
tools.
comparative
analysis,
generalization,
classification,
logical,
semantic
functional
modeling,
cost
estimation
are
used
paper.
trends
digitalization
analyzed,
features
determined
based
on
concepts
“digital
asset”,
“intellectual
“object
valuation”.
A
proposed,
illustrating
relationship
its
elements.
process-functional
IDEF0
notation
constructed.
It
concluded
that
as
objects
conditions
current
regulation
are:
1)
results
activity
created
use
technologies,
rights
fixed
information
system
form
NFT
tokens;
2)
property
exist
or
other
forms.
Their
can
be
by
method
analogues,
discounted
cash
flows
creation
method,
depending
assessment,
factors
taking
into
account
principles
evaluation.
Law Enforcement Review,
Год журнала:
2022,
Номер
6(1), С. 245 - 256
Опубликована: Март 24, 2022
The
subject
of
the
study
is
institution
digital
rights,
which
has
recently
been
enshrined
in
Russian
legislation.
This
topic
relevant
since
definition
rights
causes
numerous
discussions
and
disputes.
Practice
on
this
issue
not
yet
developed,
there
are
conflicts
current
purpose
article
to
consider
scope
define
category
"digital
rights",
given
that
a
deep
difference
between
its
broad
narrow
definitions.
following
tasks
have
solved
achieve
goal:
(1)
regulatory
framework
governing
rights;
(2)
analyze
main
approaches
(3)
various
definitions
objects;
(4)
highlight
characteristics
(5)
propose
original
rights"
objects".
Methodology.
authors
use
general
scientific
dialectical
method,
as
well
formallegal,
system-structural,
formal-logical
methods
cognition.
synergetic
method
used
clarify
features
rights.
It
allows
isolating
new
rules
reality
from
creative
potential
chaos.
results
.
Considering
law
variable
phenomenon,
it
proved
constantly
changing.
Analysis
conclude
an
independent
special
type
arise
only
relation
objects
created
form.
include:
format,
occurrence
cyber-physical
space,
consolidation
form
software
algorithms,
accounting
system
carried
out
without
intermediary,
owner’s
realized
with
access
Internet
key
login.
qualitative
include
following:
material;
some
cases,
they
cannot
be
materialized
no
need
for
that;
using
modern
high-tech
systems;
possible
make
transactions
space;
right
inheritance
limited
by
will
due
peculiarities
ownership
these
can
disposed
participation
third
parties
intermediaries;
assets
confidential.
Conclusions.
Based
results,
objects"
proposed.
Digital
algorithm
enshrines
powers
individuals
legal
entities
own,
use,
alienate
civil
hightech
systems,
technical
means
provide
owner
opportunity
exercise
their
powers.
represent
category,
cryptographic
code
gives
perform
any
actions
-
dispose
of,
alienate,
transactions,
other
prohibited
law.
Legislative
amendments
legislation
developed.
Actual Problems of Russian Law,
Год журнала:
2023,
Номер
18(4), С. 41 - 60
Опубликована: Янв. 20, 2023
The
paper
is
devoted
to
the
issues
of
monetary
emission
in
general
and
digital
money
particular.
author
examines
various
approaches
currency
issuance
their
security.
enters
into
a
discussion
with
supporters
return
gold-backing
issue
supports
position
concerning
natural
loss
for
gold
such
designation.
exclusive
right
state
represented
by
Central
Bank
money,
including
ruble,
defended
as
manifestation
(currency)
sovereignty.
It
proved
that
appearance
Bank’s
(the
ruble)
does
not
change
nature
essence
money.
disagrees
proposal
transfer
function
another
public
authority
claims
it
be
completely
groundless.
obligation
defined
law
nature,
since
lie
plane
private
relations,
but
sphere
its
content
ensure
stability
which
means
ensuring
overall
financial
state.
Actual Problems of Russian Law,
Год журнала:
2022,
Номер
17(12), С. 84 - 93
Опубликована: Ноя. 19, 2022
The
paper
is
devoted
to
the
study
of
legal
nature
a
non-fungible
token
—
NFT.
discusses
concept
and
types
tokens.
author
defines
as
unit
accounting
in
distributed
ledger
that
digitally
represents
financial
instruments
or
other
assets
expresses
economic
value
objects
being
represented
allows
rights
associated
with
them
be
exercised.
According
common
point
view,
NFT
serves
means
digital
expression
particular
object,
it
has
characteristics
(signs)
inherent
exclusively
it,
by
virtue
which
cannot
exchanged
for
another
token,
cost
one
not
conditioned
notes
listed
features
are
all
cases.
In
addition,
using
example
NFT,
draws
attention
problem
artificial
limitations
mechanism
regulation
fundamentally
new
objects.
It
determined
that,
regard
today
Russian
Federation,
both
legislator
market
regulator
maintain
status
quo:
state
intervenes
public
relations
develop
during
turnover
tokens
only
if
transactions
involving
violate
law.
Meanwhile,
can
expected
eventually
problems
issue
circulation
will
receive
their
regulatory
resolution.
Lex Russica,
Год журнала:
2020,
Номер
73(10), С. 21 - 31
Опубликована: Окт. 23, 2020
The
paper,
based
on
the
analysis
of
legal
nature
new
digital
objects
civil
rights
(digital
rights,
currency),
makes
conclusions
concerning
possible
models
contractual
relations
arising
from
object’s
data.
author
relies
fact
that
in
relation
to
category
“a
right”
an
independent
object
can
be
recognized
only
connection
with
peculiarities
form
(the
which
property
are
fixed)
rather
than
its
content.
Token
is
seen
as
a
technical
concept.
i.e.
way
fixing
rights.
paper
substantiates
retributive
disposal
right
(both
utilitarian
and
financial
asset),
according
acquirer
order
transfer
question
undertakes
pay
certain
amount
money,
under
general
rule,
should
qualified
contract
for
sale
right.
At
same
time,
each
case
this
also
refers
transfers
subject
matter
covers
separate
(cashless
book-entry
security,
law
obligation
(claims))
classified
by
From
author’s
point
view,
currency
system
“other
property”
compliance
sui
generis
principle.
It
concluded
transactions
non-defined
contracts.
Contractual
aimed
at
exchanging
various
currency,
cases
not
contrary
law,
analogy
regulated
rules
applied
sale,
exclusive
alienation
agreement
or
license
agreement.
Based
special
provisions
legally
binding
relationship
regulating
provided
tax
authorities
informed
about
such
possession
object,
has
features
natural
obligation.
Lex Russica,
Год журнала:
2021,
Номер
7, С. 32 - 43
Опубликована: Июль 19, 2021
The
paper
is
devoted
to
the
problem
of
digitalization
objects
civil
rights.
In
context
development
digital
economy,
are
consolidated
and
reflected
in
environment.
Article
128
Civil
Code
Russian
Federation
sets
forth
concept
They
defined
as
property
obligations
other
rights,
which
does
not
allow
them
be
considered
independent
new
types
category
rights
introduced
into
legislation
cover
all
that
appear
environment,
results
appearance
legal
relations,
connection
with
it
relevant
introduce
list
an
type
or
application
regimes
named
objects.
For
example,
categories
big
data,
user
data
again
make
us
think
about
regime
information.
Adhering
understanding
information
itself
we
can
conclude
posted
environment
capable
objectification
intangible
benefit
(for
personal
integral
part
privacy,
enshrined
legislation),
while
owner
this
transfer
right
use
persons.
This
a
(exclusive)
right.
very
provision
objectified
within
framework
services
for
its
provision.
Big
if
contain
information,
also
covered
by
publicly
available
collected,
analyzed,
summarized
persons
accessing
legally
from
open
sources
on
Internet).
addition,
elucidates
problems
determining
so-called
virtual
narrow
sense
(in-game
objects,
augmented
reality),
artificial
intelligence
robots
created
basis
technology.
general,
concluded
possible
extend
due
regard
peculiarities
their
consolidation