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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
DOI
https://doi.org/10.1145/3410699.3413798
Publikationsdatum
09-2020
Peer-reviewed
Ja
ÖFOS 2012
505015 Rechtsinformatik
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