Rechtsnormen: Journal of Law
Vol. 4 No. 3 (2026)

Blockchain Technology and Its Role in Transforming Legal Transactions and Smart Contracts

Ryan Teo (Republic Polytechnic)
Marcus Tan (Duke-NUS Medical School)
Fathurrahman Fathurrahman (Universitas Islam Negeri Alauddin Makassar)



Article Info

Publish Date
28 Jun 2026

Abstract

Background. Legal transactions in contemporary digital economies continue to rely on intermediary-driven systems that often generate inefficiencies, delays, and high operational costs. Blockchain technology emerges as an innovative infrastructure capable of transforming conventional legal processes through decentralized verification and automated execution mechanisms. Purpose. This study aims to analyze the role of blockchain technology in transforming legal transactions and smart contracts within modern legal systems. Method. A qualitative-dominant mixed-methods approach is employed using comparative legal analysis, secondary data evaluation, and expert interpretation of blockchain-based contractual systems. Data sources include legal frameworks, blockchain technical documentation, and institutional reports, analyzed through thematic coding and comparative performance assessment. Results. Results indicate that blockchain-based smart contracts significantly reduce transaction processing time from hours to minutes, lower dispute frequency, and improve execution accuracy and transparency compared to traditional legal systems. Inferential findings confirm statistically significant efficiency gains and cost reductions associated with blockchain adoption in legal transactions. Conclusion. The study concludes that blockchain technology fundamentally restructures legal transaction systems by enhancing automation, transparency, and reliability, while still requiring adaptive legal frameworks to address jurisdictional and enforceability challenges in decentralized environments.

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Journal Info

Abbrev

rjl

Publisher

Subject

Description

Rechtsnormen: Journal of Law is a leading international journal focused on the global exchange of knowledge in Law as well as advancing research and practice across law disciplines. The journal provides a forum for articles reporting on original research, systematic and scholarly reviews focused on ...