BLOCKCHAIN TECHNOLOGIES:
BLOCKCHAIN TECHNOLOGIES (Português (Brasil))

Keywords

blockchain technology, areas of application, legal regulation, cryptocurrencies, implementation of digital technologies

How to Cite

Gorevoy, E. ., Irekovna Kokhanovskaya, I. ., Nikiporets-Takigawa, G. ., Stanislavovna Bastrykina, T. ., & Dmitriyevich Sekerin, V. . (2020). BLOCKCHAIN TECHNOLOGIES:: FEATURES OF REGULATION AND APPLICATION IN LEGAL PRACTICE. Revista Gênero E Interdisciplinaridade, 1(01). https://doi.org/10.51249/gei.v1i01.47

Abstract

This article discusses the features and practical problems of the legal regulation of blockchain technology. The rapid spread of digital technologies in many areas of public life has raised serious questions about the formation of legal regulation of the use of these technologies for the leadership of the world's leading economies. The purpose of this research is to analyze practical problems faced by developers of digital legislation and develop recommendations for the formation of effective organizational and legal mechanisms for their solution. The authors analyze the spheres of the possible application of blockchain technology, international approaches to the regulation of digital technologies, as well as the projected legal norms of the Russian bill on the use of digital technologies in civil circulation. The article shows the huge possibilities of using blockchain technology, as well as the possible risks of its use in certain areas. The noteworthy opinions of various scholars on the prospects for the development of legal regulation of blockchain technology in various sectors of the economy, as well as in individual institutions of the political system of the Russian Federation have been investigated. At present, regulatory regulation and judicial practice on blockchain technology in the Russian Federation has not yet been developed, but positive examples of successful application of this technology in various areas of economy and politics are already available. Conclusions are drawn, prospects for the development of legal regulation of blockchain technology in general and in certain areas of its application, in particular, the banking sector, are shown. The authors name the main goals of legal regulation that should be considered by the legislator when making additions to the current civil legislation and forming digital legislation.

https://doi.org/10.51249/gei.v1i01.47
BLOCKCHAIN TECHNOLOGIES (Português (Brasil))

References

21 Areas of Blockchain Application Beyond Financial Services. (2016). Retrieved from: https://gomedici.com/21-areas-of-blockchain-application-beyond-financial-services/
Altynbekkyzy, A. Zhumabaeva, G.A. (2019). Constitutional Guarantees of Freedom of Speech and the Right to Access Information on the Internet. Journal of Advanced Research in Law and Economics, 10(1), 13-19.
Analysis of judicial practice on cryptocurrencies in Russia. RTM Group. Retrieved from: www.abiss.ru/upload/iblock/f3b/2017-5-I_Kriptovaluti_SudebnayaPraktika.pdf
Asmakov, A. (2017). The European Union closes the possibility of holding unregulated cryptocurrency ICOs. Retrieved from: https://forklog.com/evrosoyuz-zakryvaet-vozmozhnost-provedeniya-nereguliruemyh-kriptovalyutnyh-ico/
Behlendorf, B. (2016). Meet Hyperledger: An «Umbrella» For Open Source Blockchain & Smart Contract Technologies. Retrieved from: https://www.hyperledger.org/blog/2016/09/13/meet-hyperledger-an-umbrella-for-open-source-blockchain-smart-contract-technologies
Chitchyan, R.K. (2019). Pravovye osnovy obrashcheniya kriptovalyuty v Rossii i regulirovaniya blokcheina [Legal framework for the circulation of cryptocurrency in Russia and regulation of the blockchain]. In the collection of scientific articles: Theoretical and experimental research in modern science Materials of the international scientific and practical conference.
Churilov, A.Yu. (2018). Ispolzovanie tekhnologii blokchein: platezhnaya sistema, "umnye" kontrakty, prinyatie kollegialnykh reshenii, khranenie informatsii Pravo v sfere Interneta: Sbornik statei [Use of blockchain technology: payment system, smart contracts, collegial decision-making, information storage. Law in the Internet sphere: Collection of articles]. Moscow: Statut.
Detrixhe, J., Wong, J.I. (2017). Banks are finally preparing to use cryptocurrency to move money between them. Quartz. Retrieved from: https://qz.com/1066601/ubss-utility-settlementcoin-could-put-cash-on-a-blockchain-in-2018
Dudin, M.N., Pavlova, K.P., Frolova, E.E., Samusenko, T.M., Popova, I.Y. (2018). Information technologies as an incentive for Russian agriculture. Scientific Papers Series “Management, Economic Engineering in Agriculture and Rural Development”, 18(1), 143-152.
Dzhanadilov, O.M., Azhibayev, M.G. (2019). Problems of Countering Criminal Offenses in Information and Communication Networks. Journal of Advanced Research in Law and Economics, 10(1), 134-143.
Electronic elections to the Moscow City Duma. Retrieved from: https://www.mos.ru/city/projects/blockchain-vybory/
European Parliament legislative Resolution on the proposal for a directive of the European Parliament and of the Council amending Directive (EU) 2015/849. (2015). On the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and amending Directive 2009/101/EC. Retrieved from: https://www.europarl.europa.eu/doceo/document/A-8-2017-0056_EN.html#title1
Fanning, K., Centers, D.P. (2016). Blockchain and its coming impact on financial services. Journal of Corporate Accounting & Finance, 27(5), 53-57.
Federova, I.Y., Urunov, A.A., Rodina, I.B., Ostapenko, V.A. (2020). Financing and quality of housing construction: introduction of information systems as a regulatory tool. Revista Inclusiones, 7(Especial), 328-339.
Financial institutions and blockchain technology. (2016). Norton Rose Fulbright. Retrieved from: https://www.nortonrosefulbright.com/en/knowledge/publications/e0fa119c/financial-institutions-and-blockchain-technology
Frolova, E.V., Polyakova, T.A., Dudin, M.N., Rusakova, E.P., Kucherenko, P.A. (2018). Information Security of Russia in the Digital Economy: The Economic and Legal Aspects. Journal of Advanced Research in Law and Economics, 9(1), 89-95.
Guo, Y., Liang, C. (2016). Blockchain application and outlook in the banking industry. Financial Innovation, 2(24), 112.
Lipnitskii, D.V. (2019). Blokchein v fmnansakh i bankovskom sektore: Problemy stanovleniya i prespektivy. Ekonomika promyshlennosti, 3(87), 59-75.
Luntovskaya, M.A. (2020). Sfery primeneneiya tekhnologii blokchein v sovremennom mire [Areas of application of blockchain technology in the modern world]. Putevoditel predprinimatelya, 13(2), 17-24.
Malikova, S.B., Talantuly, N.E., Alimkulov, E.T., Zhanibekov, A.K., Sharipova, A.B. (2018). Information-psychological Security in Multiconfessional Society. European Journal of Science and Theology, 14(1), 83-92.
NYDFS Announces Approval of First Bitlicense Application From a Virtual Currency Firm. (2015). Retrieved from: https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1509221
Samoylova, A.V., Kozlova, O.E. (2019). Osobennosti smart-kontraktov v RF (na osnove primera kontrakta, zaklyuchennogo mezhdu S7 Airlines i "GazpromneftAero") [Features of smart contracts in the Russian Federation (based on an example of a contract concluded between S7 Airlines and GazpromneftAero)]. KiberYurist, 12(1), 81-88.
Savelyev, A.I. (2017). Nekotorye pravovye aspekty ispolzovaniya smart-kontraktov i blokchein-tekhnologii po rossiiskomu pravu [Some legal aspects of the use of smart contracts and blockchain technologies in Russian law]. Zakon, 5, 45.
Smart contracts in the financial market: research results. (2019). Retrieved from: https://urfac.ru/?p=1976
Strong, G., Seira, R. (2019). 15 aspects of state securities regulation. Retrieved from: https://www.globallegalinsights.com/practice-areas/bloc-kchain-laws-and-regulations/14-aspects-of-state-securities-regulation
Tokolov, A.V. (2020). Osobennosti pravovogo regulirovaniya tekhnologii blokchein [Features of the legal regulation of blockchain technology]. Moscow University Bulletin of the Ministry of Internal Affairs of Russia, 1, 149-151.
Winter, A., Litvinova, T.M., Babaskin, D.V., Babaskina, L.I., Savinova, O.V. (2019). Marketing analysis of the medical representatives' activity aimed on information support for promoted medications, Entrepreneurship and Sustainability Issues, 7(1), 177-178.
Yasnitsky, L.N. (2020). Algorithm for Searching and Analyzing Abnormal Observations of Statistical Information Based on The Arnold – Kolmogorov – Hecht-Nielsen Theorem. International Journal of Advanced Trends in Computer Science and Engineering, 9(2), 1814-1819

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...