MOATcoin: Exploring Challenges and Legal Implications of Smart Contracts Through a Gamelike DApp Experiment

Autor(en)

Biagio Distefano, Nadia Pocher, Mirko Zichichi

Abstrakt

In this paper we present MOATcoin, a gamelike experiment that enabled us to practically investigate the open issues related to the governance and legal facets of smart contract based decentralized applications. After presenting the MOATcoin system architecture, we first tackle the problems of decentralized governance, its limits and the shift of trust that it entails; then, we explore the possible legal implications of the given scenario and, particularly, the consequences of code-written contracts. Finally, we offer taxonomical remarks on the concepts of "token" and "coin" and offer an insight from a regulatory perspective.

Organisation(en)

Institut für Innovation und Digitalisierung im Recht

Externe Organisation(en)

Universitat Autònoma de Barcelona , Universidad Politécnica de Madrid

Seiten

53-58

Anzahl der Seiten

6

DOI

https://doi.org/10.1145/3410699.3413798

Publikationsdatum

09-2020

Peer-reviewed

Ja

ÖFOS 2012

505015 Rechtsinformatik

Schlagwörter

ASJC Scopus Sachgebiete

Electrical and Electronic Engineering, Computer Networks and Communications

Link zum Portal

https://ucris.univie.ac.at/portal/de/publications/moatcoin-exploring-challenges-and-legal-implications-of-smart-contracts-through-a-gamelike-dapp-experiment(5f2d7d6a-67dc-48ba-9d5d-2c930e9fcc2a).html