Advances in Social Behavior Research

Advances in Social Behavior Research

Vol. 1, 22 December 2021


Open Access | Article

Research on Legal Regulations of Blockchain

Mohong Liu * 1
1 Macau University of Science and Technology

* Author to whom correspondence should be addressed.

Advances in Social Behavior Research, Vol. 1, 33-40
Published 22 December 2021. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Mohong Liu. Research on Legal Regulations of Blockchain. ASBR (2021) Vol. 1: 33-40. DOI: 10.54254/2753-7102/1/ASBR_005.

Abstract

Blockchain is a chained data structure that combines data blocks in sequence in chronological order. It has the advantages of decentralization, immutability, distribution and transparency. Blockchain is mainly used in economy and finance, judicial practice, social governance, public welfare and charity, and other fields in China. As a new technology, the risks and challenges brought by blockchain include but are not limited to: algorithm security, convenience for crime, difficulty in determining jurisdiction, and inability to guarantee the right to be forgotten. To prevent blockchain risks requires to establish scientific algorithm rules, improve blockchain legislation, innovate regulatory measures, and establish a blockchain global governance system.

Keywords

risks and challenges, blockchain, legal regulations

References

1. Pan Jian, Zhao Yahui, Duan Xinyi, Si Erxun. The Developing Blockchain in China, ANNUAL REPORT ON CHINA’S BLOCKCHAIN APPLICATION AND DEVELOPMENT (2019), edited by Ye Zhenzhen & Luo Hua. Social Sciences Academic Press (2019), pp-3

2. China Blockchain Technology and Industry Development Forum, "China Blockchain Technology and Application Development White Paper (2016)", Oct. 18, 2016. pp-5

3. ANNUAL REPORT ON CHINA’S BLOCKCHAIN APPLICATION AND DEVELOPMENT (2019), edited by Ye Zhenzhen & Luo Hua. pp-13

4. Jin Lu. Between Rules and Technology: Risk Analysis and Legal Regulation of Block Chain Technology Application. Law Science Magazine. 2020(7)

5. Zhu Yan, Wang Qiaoshi, Qin Bohan, Wang Zhonghao. Survey of blockchain technology and its advances, Chinese Journal of Engineering. 2019(11)

6. See European Central Bank: Virtual Currency Schemes. (2012) :42 - 45. https: //www.ecb.europa.eu/pub/pdf /other/virtualcurrencyschemes201210en. pdf (last visted mar29,2021).

7. GDPR, arts. 16-17.

8. He Bo. Blockchain Technology and Its Legal Problems. Professional Perspective. 2018(209)

9. Qi Xuexiang. Beyond Risk: Application Risk and Governance of Blockchain Technology. Social Sciences in Nanjing. 2020(1)

10. Chen Qiwei, Nie Linfeng. Technology + Legislation: Legal Protection of Personal Information Rights in the Era of Block Chain. Jiangxi Social Sciences. 2020(6)

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of The 2nd International Conference on Educational Innovation and Philosophical Inquiries (ICEIPI 2021)
ISBN (Print)
978-1-915371-04-1
ISBN (Online)
978-1-915371-05-8
Published Date
22 December 2021
Series
Advances in Social Behavior Research
ISSN (Print)
2753-7102
ISSN (Online)
2753-7110
DOI
10.54254/2753-7102/1/ASBR_005
Copyright
22 December 2021
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated