IJEFSD
Vol. 3 No. 5 (2021): IJEFSD

The value of smart contracts in regulating foreign economic transactions

Mushtariy, Kurbonova (Unknown)



Article Info

Publish Date
07 May 2021

Abstract

In this article, the author addresses the legal aspects of the conclusion of international agreements between the subjects of private law, in particular smart contracts. Systemic analyzes of private-level contracts based on the practice of German law and a number of other states, as well as on the basis of a comparative analysis method with a written form of contracts, positive and negative aspects of the nature of smart-contracts were revealed. The concluding opinions on the impact of smart contracts for foreign economic stability are given, and to the prospect of the individual relations of subjects in the Republic of Uzbekistan. In this article, the author addresses the legal aspects of the conclusion of international agreements between the subjects of private law, in particular smart contracts. Systemic analyzes of private-level contracts based on the practice of German law and a number of other states, as well as on the basis of a comparative analysis method with a written form of contracts, positive and negative aspects of the nature of smart-contracts were revealed. The concluding opinions on the impact of smart contracts for foreign economic stability are given, and to the prospect of the individual relations of subjects in the Republic of Uzbekistan.

Copyrights © 2021






Journal Info

Abbrev

IJEFSD

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal on Economics, Finance and Sustainable Development (IJEFSD) is an international, peer-reviewed, and scholarly journal aimed at being a platform for interdisciplinary researchers across the globe to develop and advance both theory and practice of economics and finance while ...