The Law and Economics of Blockchain

Dados Bibliográficos

ID12795151
AutoresRichard Holden (0000-0003-1199-340X, UNSW Sydney, autor correspondente), Anup Malani (0000-0002-2594-5778, University of Chicago)
Ano2022
Volume18
Fascículo1
Páginas297-313
Data de publicação2022-07-18
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoAnnual Review of Law and Social Science (BOOK_SERIES)
Identificadores do periódicoISSN: 1550-3585 • E-ISSN: 1550-3631
EditoraAnnual Reviews (PUBLISHER • US)
DOI10.1146/annurev-lawsocsci-011921-060322
OpenAlexW4285802731
IdiomaEN
Citações recebidas1
Referências citadas19

This article examines the implications of Distributed Ledger Technology (a.k.a. blockchain) for several areas of law. While cryptocurrencies have received much attention, the implications of DLT are potentially far reaching. DLT raises interesting and important questions relating to rules of evidence, surrounding issues like hearsay and authentication. The advent of initial coin offerings has implications not only for how firms are financed but also for securities law in regulating such offerings. Cryptocurrencies themselves (e.g., Bitcoin) have raised serious issues for tax avoidance and taxation law. Relatedly, the rise of cryptocurrencies raises issues regarding the relationship between private and nationally issued currencies, and even the role and efficacy of monetary policy. Finally, DLT has practical implications for election law and voter turnout, with such technology already begun to be used for security purposes in online voting and permitted in 32 US states

Blockchain · Business · Computer security · Cryptocurrency · Distributed ledger · Economics · Law and economics · Political science · Politics · Voting · Auction Theory and Applications · Law · Law, Economics, and Judicial Systems · Legal and Constitutional Studies