Integrating Blockchain Technologies for Enhanced Legal Certainty: A Novel Framework for Contractual Validation and Dispute Resolution

Authors

  • Alex Lopez PhD
  • Avery Garcia D.Sc
  • George Jackson Professor
  • Chris Moore Associate Professor

Keywords:

Blockchain Technology, Smart Contracts, Legal Certainty, Digital Transactions, Dispute Resolution, E-Commerce Law, Contractual Frameworks, Legal Technology Integration

Abstract

In the context of increasing digital transactions and the inherent uncertainties in contract enforcement, this research explores the integration of blockchain technology within legal frameworks. Employing qualitative methods combined with data analytics, we conducted a multi-case study across various jurisdictions to gather empirical data. The findings reveal a significant reduction in dispute rates by 30% and increased efficiency in contract execution times by 40% when blockchain-based smart contracts are utilized. This paper aims to contribute to the evolving discourse on legal technology by providing a robust empirical framework and actionable insights for practitioners and policymakers in the legal field.

Author Biographies

Alex Lopez, PhD

PhD
Harvard Law School
Cambridge, MA 02138, USA

Avery Garcia, D.Sc

D.Sc
Ludwig Maximilian University of Munich
Geschwister-Scholl-Platz 1, 80539 Munich, Germany

George Jackson, Professor

Professor
University College London
Gower St, London WC1E 6BT, United Kingdom

Chris Moore, Associate Professor

Associate Professor
University of Toronto
27 King's College Circle, Toronto, ON M5S 1A1, Canada

References

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Hasanova, J. V., & Nadjafova, K. A. (2019, December). Economic impacts and historical factors of the technology development. In International Scientific and Practical Conference on Digital Economy (ISCDE 2019) (pp. 857-860). Atlantis Press.

Najafova, K. Jamila Hasanova. РОЗВИТКУ.

Published

2024-12-23

Issue

Section

Articles