Legislation for Blockchain-Based Decentralized Systems

Document Type : Translation

Author

master of private law at university of kashan

Abstract

One of the important issues raised in the field of blockchain networks and decentralized systems is the subject of legislation of these systems. Generally, governments can take action for legislation of these systems through five methods including “establishing rules for participants”, “establishing rules for intermediates”, “establishing rules for developers”, “establishing rules for blockchain-based markets”, and “establishing rules through social norms”. However, it should be noted that all these approaches for legislation are imperfect strategies and the governments would not be able to completely stop all the illegal activities on blockchain network and the mentioned strategies would help in reducing the related crimes and hazards.

Keywords

Main Subjects


Abelson, H., Anderson, R., Bellovin, S. M., Benaloh, J., Blaze, M., Diffie, D., … Weitzner, D. J. (2015). “Keys under Doormats: Mandating Insecurity by Requiring Government Access to All Data and Communications”. Communications of the ACM, 58(10), pp. 24-26.
Bambauer, D. (2013). “Middleman”. Florida Law Review Forum, 65, pp. 1-4.
Brandom, R. (2016). “Appeals Court Reopens Google's Fight with MPAA-Backed Attorney General”. Available at: http://www.theverge.com/2016/4/11/11409922appeals-court-mpaa-google-lawsuit-jim-hood-goliath.
Cristina, M. (2015). “Fighting Abuse to Protect Freedom of Expression Twitter”. Available at: https://blog.twitter.com/2015/fighting-abuse-to-protect-freedom-of-expression-au
Hobbes, T. (2010). Leviathan or The Matter. Forme and Power of a Common Wealth Ecclesiasticall and Civill (Ian Shapiro, Ed.). New Haven, CT: Yale University Press.
Kesan, J. P., and Shah, R. G. (2005). “Shaping Code”. Harvard Journal of Law and Technology, 18, pp. 319–399.
Madadi, M., and Shafiei, G. (2022). “New Capital Market In The Light Of Sixth Development Plan Law (Functionality Of Blockchain Technology In The Capital Market)”. Journal of Securities Exchange, 14(56), pp. 197-224. {in persian}
Miers, I., Garman, C., Green, M., and Rubin, A. D. (2013). “Zerocoin: Anonymous Distributed E-cash from Bitcoin”. IEEE Symposium on Security and Privacy (SP), pp. 397-411.
Shapiro, A. L. (1998). “Digital Middlemen and the Architecture of Electronic Commerce”. Ohio Northern University Law Review, 24, pp. 795–812.
Solum, L. B., and Chung, M. (2004). “The Layers Principle: Internet Architecture and the Law”. Notre Dame Law Review, 79, pp. 815-948.
Zittrain, J. (2003). “Internet Points of Control”. Boston College Law Review, 44, pp. 653–688.