THE IMPACT OF BLOCKCHAIN TECHNOLOGY, SMART CONTRACTS AND CRYPTOCURRENCIES ON THE DEVELOPMENT OF LAW
DOI:
https://doi.org/10.47390/SPR1342V4I2Y2024N34Keywords:
smart contracts, blockchain, cryptocurrency, paradigmAbstract
The emergence of blockchain technology, smart contracts and cryptocurrencies has ushered in a new era of innovation, causing a paradigm shift in various industries. This article details the far-reaching implications of these technologies for legal developments. As blockchain becomes globally prevalent, the decentralized and transparent nature of this technology presents both challenges and opportunities for lawmakers around the world. This article examines the nuanced impact of blockchain, smart contracts, and cryptocurrency on the legislative landscape, analyzing the dynamic landscape and possible regulatory responses.
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