Abstract
This article aims to evaluate how common forms and methods of protecting the rights and legitimate interests of consumers are applicable in the area of smart contracts. The author highlights the potential negative effects of smart contracts on consumer protection. In this regard, barriers to deploying smart contracts are considered in the article. The article concludes with a brief appraisal of the judicial role in the application of smart contract rules and contends that technical modifications are needed in order to see whether smart contracts could be more efficient than traditional contracts.
| Original language | English |
|---|---|
| Pages (from-to) | 95-105 |
| Number of pages | 11 |
| Journal | ELTE Law Journal |
| Volume | 2021 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 30 Jun 2021 |
Keywords
- smart contracts
- consumers
- consumer rights
- contract terms
- consumer protection