In this paper we present MOATcoin, a gamelike experiment that enabled us to practically investigate the open issues related to the governance and legal facets of smart contract based decentralized applications. After presenting the MOATcoin system architecture,we first tackle the problems of decentralized governance, its limits and the shift of trust that it entails; then, we explore the possible legal implications of the given scenario and, particularly, the con-sequences of code-written contracts. Finally, we offer taxonomical remarks on the concepts of “token” and “coin” and offer an insight from a regulatory perspective

MOATcoin: Exploring Challenges and Legal Implications of Smart Contracts Through a Gamelike DApp Experiment

Biagio Distefano;Nadia Pocher;Mirko Zichichi
2020

Abstract

In this paper we present MOATcoin, a gamelike experiment that enabled us to practically investigate the open issues related to the governance and legal facets of smart contract based decentralized applications. After presenting the MOATcoin system architecture,we first tackle the problems of decentralized governance, its limits and the shift of trust that it entails; then, we explore the possible legal implications of the given scenario and, particularly, the con-sequences of code-written contracts. Finally, we offer taxonomical remarks on the concepts of “token” and “coin” and offer an insight from a regulatory perspective
2020
CryBlock '20: Proceedings of the 3rd Workshop on Cryptocurrencies and Blockchains for Distributed Systems
53
58
Biagio Distefano, Nadia Pocher, Mirko Zichichi
File in questo prodotto:
File Dimensione Formato  
MOATCOIN.pdf

accesso riservato

Tipo: Versione (PDF) editoriale
Licenza: Licenza per accesso riservato
Dimensione 628.82 kB
Formato Adobe PDF
628.82 kB Adobe PDF   Visualizza/Apri   Contatta l'autore
POSTPRINT MOATCOIN.pdf

accesso aperto

Tipo: Postprint
Licenza: Licenza per accesso libero gratuito
Dimensione 331.93 kB
Formato Adobe PDF
331.93 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/768261
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 2
  • ???jsp.display-item.citation.isi??? ND
social impact