Decentralized blockchain technology and the rise of lex cryptographia

decentralized blockchain technology and the rise of lex cryptographia

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In this Article, we explore the benefits and drawbacks of this emerging decentralized technology and blockchain technology and how to shape the creation and deployment a new subset of decfntralized, in ways that have yet even politics or decentrallized contracts and decentralized autonomous organizations. PARAGRAPHBibSonomy The blue social bookmark and publication sharing system.

Social Media Follow us on. Blockchain technology enables the creation of decentralized currencies, self-executing digital contracts smart contracts and intelligent over the Internet smart property.

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Decentralized Blockchain Technology and the Rise of Lex Cryptographia. 58 Pages Posted: Last revised: Date Written. It is argued that its widespread deployment will lead to expansion of a new subset of law, which is term Lex Cryptographia: rules. Decentralized Blockchain Technology and the Rise of Lex Cryptographia. Authors, Aaron Wright, Primavera De Filippi. Publisher, Social Science Research Network.
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Looking at the scenarios described above, the impacts of blockchain technology and its law seem, at first sight, to be limited to only a small number of legal contexts, and especially to the virtual realm. As blockchain technology becomes widely adopted, centralized authorities, such as governmental agencies and large multinational corporations, could lose the ability to control and shape the activities of disparate people through existing means. Oxford: Oxford University Press. Open Journal of Social Sciences Vol.