Abstract
AbstractThe article analyses the role of smart contracts in the architecture of the European Union’s Data Act proposal. It identifies five difficulties: lack of flexibility in terms of both content and operation; dependence on oracles which could lead to errors; vulnerability to bugs and changes in architecture; immutability and privacy; and problems of enforcement. It then offers some recommendations about how to address them to improve the Data Act.
Publisher
Springer Science and Business Media LLC
Reference18 articles.
1. Ante, L. (2020). Smart contracts on the blockchain – A bibliometric analysis and review. https://doi.org/10.2139/ssrn.3576393
2. Chen, Y., & Bellavitis, C. (2019). Decentralized Finance: Blockchain Technology and the Quest for an Open Financial System. https://doi.org/10.2139/ssrn.3418557
3. Czarnocki J. (2022). Data Act Message – Legitimacy of the Data Processing and Consistency of Data Protection, KU Leuven Centre for IT & IP Law. https://www.law.kuleuven.be/citip/blog/data-act-message-legitimacy-of-the-data-processing-and-consistency-of-data-protection/#:~:text=As%20a%20principal%20personal%20data,it%20is%20lawful%20and%20legitimate
4. De Filippi, P., Wray, C., & Sileno, G. (2021). Smart contracts. Internet Policy Review 2021, 10(2). https://doi.org/10.14763/2021.2.1549
5. Egberts, A. (2017). The oracle problem—An Analysis of how blockchain oracles undermine the advantages of decentralized ledger systems. https://doi.org/10.2139/ssrn.3382343
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献