European Journal of Privacy Law & Technologies (Jan 2022)

The Mechanism of Smart Contract Conclusion in the Italy’s and Iran’s Legal System

  • Roberta Marino,
  • Seyed Milad Mahmood Kashani

DOI
https://doi.org/10.57230/EJPLT222RMSMMK
Journal volume & issue
no. 2
pp. 273 – 292

Abstract

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The conclusion of smart contracts is placed on the blockchain platform due to the special features of this platform, including the two features of transparency and decriminalization. After being completed on the blockchain network, these contracts' transparency feature enables the public to observe and offer them. In this case, all the people who have access to this platform have the possibility of knowing what was transferred by whom to whom, and this not only prevents the occurrence of many related lawsuits but also many crimes related to property. La conclusione degli smart contract avviene sulla piattaforma blockchain la quale è connotata da peculiari caratteristiche di trasparenza e depenalizzazione. Tali aspetti rendono senza dubbio lo smart contract uno strumento utile ai fini di una sicura esecuzione del contratto, ma contemporaneamente, espongono le parti al rischio di una non modificabilità di quanto pattuito anche in caso di accordo tra le stesse.

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