Start – 2018 | End – 2024 Duration – 6 years
The development of technological contracts involving the substitution of the third party by computer technology is making significant progress, requiring changes in state legislation. The future of contractual obligations involves an analysis by the legal community to facilitate their proper implementation.
The first case study focuses on Debt recovery. It will analyse existing traditional and technology-based mechanisms for debt recovery in three jurisdictions (France, Belgium and Québec) and has the objective of designing a smart contract, using the blockchain technology, to render the procedure more efficient and effective.
The second case study is currently under discussion within the working group.
The working group will put together an inventory of cases in which the use of the blockchain has failed as a means to implement legal solutions.
The second inventory will enlighten the diverse categories of smart contracts from a legal perspective.
Social & Community Action
This content has been updated on 31 March 2020 at 18 h 16 min.