Blockchain Technology and Smart Contracts: Draft Principles Further Discussed


At the first meeting of the Blockchain Technology and Smart Contracts Project Team and Assessors in 2021, the set of draft principles was further examined.

The Team continued the analysis of the proposed set of principles and discussed in depth the issue of ensuring consumer protection in the context of blockchain technology. The participants also exchanged their views on the binding nature of smart contracts with particular attention to the technology behind them.