Op-Ed


Features written by legal experts, entrepreneurs, lawmakers, and other players actively involved in the rapid evolution of technology and relevant regulatory frameworks. These are first-hand reports straight from the legislative and technological fields and feature everything there is to know about the inner workings of industries and lawmaking. Also included in the op-ed section are guidelines for newbies that are created by seasoned experts.

Challenges Concerning Regulation of Virtual Currencies

Challenges Concerning Regulation of Virtual Currencies

The principal purpose of financial regulation is to identify threats and risks arising from financial activities and mitigate them if required. There are various threats which could possibly arise out of Virtual Currencies (VCs) and it is apparent that regulation could bring positive changes to the functioning of VCs. What Should Be Considered Whilst Designing …

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Claiming that Space Is not a Commons Is a Bad Strategy
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Claiming That Space Is not a Commons Is a Bad Strategy

A recent U.S. House Bill, H.R.2809 – American Space Commerce Free Enterprise Act, includes a section stating, “Notwithstanding any other provision of law, outer space shall not be considered a global commons.” I share some of the concerns underlying this move, but question whether it is the most effective strategy to legally defend either American …

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Memes saved: Copyright Directive
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Memes Saved: Copyright Directive

For two weeks in a row, the supporters of the free Internet were going above and beyond. They signed petitions, made an uproar in the media, caused the outrage on Facebook, etc. As a result, they succeeded in taming the dangerously incompetent lawmakers, at least for now. The European Parliament rejected the Copyright Directive proposal. …

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Can a Smart Legal Contract Be Considered a Contract According to the U.S. Contract Law?
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Can a Smart Legal Contract Be Considered a Contract According to the U.S. Contract Law?

In the previous articles, I explained why it is essential for smart legal contracts to be legal contracts. This article provides an analysis of the applicability of contract law to the technology. But firstly, I need to explain the difference between external and internal smart contracts. Models of Smart Legal Contracts It is important to …

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Why Smart Legal Contract Should Be a New Legal Concept Within Contract Law
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Why Smart Legal Contract Should Be a New Legal Concept Within Contract Law

In this article, I compare smart legal contracts (smart contracts that imply the creation of legal rights and obligations) to different contract law concepts, such as escrow agreements, electronic agreements, self-help and letter of credit concepts, and vending machines. I explain the common features smart legal contracts have with these concepts, and why it should …

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Why Is It Crucial to Make Sure Your Smart Contract Is a Legal Contract
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Why Is It Crucial to Make Sure Your Smart Contract Is a Legal Contract

In this article, I explain what smart legal contracts are, and why the smart contracts tech should be within the contract law framework. Firstly, I want to be clear about what kind of smart contracts I am speaking. This technology can be used for smart records for governments or smart cities, for real estate registries, …

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