Raportul dintre dreptul Uniunii Europene și dreptul român, din perspectiva implementării smart contracts
The Relationship Between European Union Law and Romanian Law, from The Perspective of Implementing Smart Contracts

Author(s): Eduard-Alexandru Florea
Subject(s): Law, Constitution, Jurisprudence, Civil Law, EU-Legislation
Published by: Universul Juridic
Keywords: Smart Contract; Blockchain; Intelligent Contract; IoT; Distributed Ledger;
Summary/Abstract: The disruptive potential of new technologies generates perspectives that are likely to lead to a fundamental and multi-dimensional change in the field of contract law. Perhaps the most important dimension of change, the globalizing nature of these technologies, requires a serious analysis of the current balance between national, community, international and transnational legal systems. Smart contracts, as a blockchain application, impose an approach that does not take into account, by its essence, any traditional jurisdiction, be it national or supranational. Thus, an analysis regarding the special relationship between European Union law and Romanian law on this matter, as well as regarding the general compatibility of European Union law, as a supranational system, with smart contracts becomes necessary.

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