Prospects of blockchain in contract and property
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- dc.contributor.author Arruñada, Benito
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2020-05-25T09:27:03Z
- dc.date.available 2020-05-25T09:27:03Z
- dc.date.issued 2020-01-02
- dc.date.modified 2020-05-25T09:26:20Z
- dc.description.abstract Recurrent difficulties are delaying what for the time being are still modest applications of blockchain. This paper identifies what value this new technology adds to the contractual and property processes, exploring its potential and analyzing the main difficulties it is facing. Paying particular attention to the distinction between contract (personal or in personam) rights and property (real or in rem) rights, it first examines the difficulties for trading contract rights through blockchain-based applications, mainly those to complete contracts ex ante without relying on third-party enforcers. Second, it explores the difficulties faced by blockchain to enable trade in property rights.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1696
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/44761
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1696
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword property rights
- dc.subject.keyword enforcement
- dc.subject.keyword transaction costs
- dc.subject.keyword impersonal exchange
- dc.subject.keyword Blockchains (Databases)
- dc.subject.keyword distributed ledgers
- dc.subject.keyword smart contracts
- dc.subject.keyword registries
- dc.subject.keyword Business Economics and Industrial Organization
- dc.title Prospects of blockchain in contract and property
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper