Smart Contracts and the Digital Single Market Through the Lens of a 'Law + Technology' Approach
European Commission, 2021
60 Pages Posted: 25 Oct 2021
Thibault Schrepel
Vrije Universiteit Amsterdam; Stanford University's Codex Center; University Paris 1 Panthéon-Sorbonne; Institut d'Etudes Politiques de Paris (Sciences Po)
Date Written: October 21, 2021
Abstract
The deployment of smart contracts within the European zone could fluidify economic transactions. It also risks fragmenting the Digital Single Market (“DSM”). This conundrum calls for a constructive response to preserve both the benefits brought by smart contracts and a strong DSM.
Against this background, this report adopts a “law + technology” approach. It suggests combining law and technology to develop solutions that encourage the evolution of smart contracts (rather than hindering it) in a direction that preserves and reinforces the DSM.
Keywords: blockchain, smart contracts, digital single market, law + technology, decentralization, cryptocurrencies, cyberlaw
JEL Classification: K24, K10, K12, K23, K40, K42, G32, E51, F30, K21, K2
Suggested Citation: Suggested Citation
Thibault Schrepel (Contact Author)
Vrije Universiteit Amsterdam ( email )
De Boelelaan 1105
1081 HV Amsterdam
Netherlands
Stanford University's Codex Center ( email )
559 Nathan Abbott Way
Stanford, CA 94305-8610
United States
University Paris 1 Panthéon-Sorbonne ( email )
France
Institut d'Etudes Politiques de Paris (Sciences Po) ( email )
27 rue Saint-Guillaume
Paris Cedex 07, 75337
France
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