Laws Applicable to International Smart Contracts and Decentralized Autonomous Organizations (DAOS)

Centro de Investigação de Direito Privado (CIDP) Research Paper No. 02/2023

International Journal of Cryptocurrency Research, Vol. 3, No. 1, June 2023 issue

30 Pages Posted: 5 Jun 2023 Last revised: 30 Aug 2023

See all articles by Luís de Lima Pinheiro

Luís de Lima Pinheiro

CIDP - Centro de Investigação de Direito Privado | Lisbon Centre for Research in Private Law; University of Lisbon - Faculdade de Direito

Date Written: June 2, 2023

Abstract

International contracts, legal persons and other external organizations raise choice-of-law problems. Should smart contracts and DAOs in general be considered international? Are the choice-of-law rules in force for State courts and for arbitral tribunals appropriate for the determination of the applicable laws? To provide replies to these questions the present essay starts by general introductions to smart contracts and DAOs and also outlines the Private International Law framework of these realities. Solutions for difficulties on the application of the choice-of-law rules in force and more flexible approaches to address them are proposed.

Keywords: smart contract, decentralized autonomous organization, law applicable to smart contracts, laws applicable to decentralized autonomous organizations, blockchain, law applicable to blockchain

JEL Classification: K10, K12, K29, K33

Suggested Citation

Pinheiro, Luís de Lima, Laws Applicable to International Smart Contracts and Decentralized Autonomous Organizations (DAOS) (June 2, 2023). Centro de Investigação de Direito Privado (CIDP) Research Paper No. 02/2023, International Journal of Cryptocurrency Research, Vol. 3, No. 1, June 2023 issue, Available at SSRN: https://ssrn.com/abstract=4467408 or http://dx.doi.org/10.2139/ssrn.4467408

Luís de Lima Pinheiro (Contact Author)

CIDP - Centro de Investigação de Direito Privado | Lisbon Centre for Research in Private Law ( email )

Faculdade de Direito da Universidade de Lisboa
Alameda da Universidade
Lisbon, 1649 014
Portugal

University of Lisbon - Faculdade de Direito ( email )

Alameda da Universidade, Cidade Universitária
Lisboa, 1649-014
Portugal

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