Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues

María Emiliana Flores

doi:doi:10.11648/j.ijsts.20231105.11

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Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues

María Emiliana Flores

Published in International Journal of Science, Technology and Society (Volume 11, Issue 5)

Received: 10 July 2023 Accepted: 18 August 2023 Published: 27 September 2023

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Abstract

Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.

Published in	International Journal of Science, Technology and Society (Volume 11, Issue 5)
DOI	10.11648/j.ijsts.20231105.11
Page(s)	175-184
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Smart Contracts, Personal Data Protection, Blockchain

References

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[9]	Romero Solis, José (2019) “Aplicaciones de contratos en Ethereum.” https://e-archivo.uc3m.es/bitstream/handle/10016/29653/TFG_Jose_Romero_Solis.pdf?sequence=1
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[12]	Negri, Nicolas Jorge (2022) “Smart Contracts”. Publicado en: EBOOK-TR 2022 (Errico), 04/03/2022, 166. Cita TR LALEY AR/DOC/2493/2021
[13]	Tur Faundez, Carlos, "Smart contracts. Análisis jurídico", Ed. Reus, Madrid, 2018, ps. 51-59. BIELLI, Gastón E. — ORDÓÑEZ, Carlos J., "Contratos electrónicos", ob. cit., t. II, cap. XXIII.
[14]	Mora, Santiago J.(2019) “La tecnología blockchain. Contratos inteligentes, ofertas iniciales de monedas y demás casos de uso” Publicado en: La ley 01/04/2019, 01/04/2019, 1 - laley2019-B, 786. Cita: TR LALEY AR/DOC/537/2019
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[24]	Castellano Garcia, Adoración (2021) “Conceptualización de los contratos inteligentes o autoejecutables basados en la tecnología blockchain y si encuadre en el ordenamiento jurídico español”. DOI: https://doi.org/10.17561/rej.n21.6756 https://revistaselectronicas.ujaen.es/public/journalslia/rej2021_21/151568764003/index.html
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APA Style

María Emiliana Flores. (2023). Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. International Journal of Science, Technology and Society, 11(5), 175-184. https://doi.org/10.11648/j.ijsts.20231105.11

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ACS Style

María Emiliana Flores. Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. Int. J. Sci. Technol. Soc. 2023, 11(5), 175-184. doi: 10.11648/j.ijsts.20231105.11

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AMA Style

María Emiliana Flores. Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. Int J Sci Technol Soc. 2023;11(5):175-184. doi: 10.11648/j.ijsts.20231105.11

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@article{10.11648/j.ijsts.20231105.11,
  author = {María Emiliana Flores},
  title = {Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues},
  journal = {International Journal of Science, Technology and Society},
  volume = {11},
  number = {5},
  pages = {175-184},
  doi = {10.11648/j.ijsts.20231105.11},
  url = {https://doi.org/10.11648/j.ijsts.20231105.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijsts.20231105.11},
  abstract = {Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.},
 year = {2023}
}

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TY  - JOUR
T1  - Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues
AU  - María Emiliana Flores
Y1  - 2023/09/27
PY  - 2023
N1  - https://doi.org/10.11648/j.ijsts.20231105.11
DO  - 10.11648/j.ijsts.20231105.11
T2  - International Journal of Science, Technology and Society
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JO  - International Journal of Science, Technology and Society
SP  - 175
EP  - 184
PB  - Science Publishing Group
SN  - 2330-7420
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AB  - Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.
VL  - 11
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Author Information

María Emiliana Flores

Facultad de Ciencias Sociales y Jurídicas, Universidad Nacional del Litoral, Santa Fe, Argentina

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Plain Text BibTeX RIS

APA Style

María Emiliana Flores. (2023). Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. International Journal of Science, Technology and Society, 11(5), 175-184. https://doi.org/10.11648/j.ijsts.20231105.11

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ACS Style

María Emiliana Flores. Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. Int. J. Sci. Technol. Soc. 2023, 11(5), 175-184. doi: 10.11648/j.ijsts.20231105.11

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AMA Style

María Emiliana Flores. Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. Int J Sci Technol Soc. 2023;11(5):175-184. doi: 10.11648/j.ijsts.20231105.11

Copy | Download

@article{10.11648/j.ijsts.20231105.11,
  author = {María Emiliana Flores},
  title = {Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues},
  journal = {International Journal of Science, Technology and Society},
  volume = {11},
  number = {5},
  pages = {175-184},
  doi = {10.11648/j.ijsts.20231105.11},
  url = {https://doi.org/10.11648/j.ijsts.20231105.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijsts.20231105.11},
  abstract = {Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues
AU  - María Emiliana Flores
Y1  - 2023/09/27
PY  - 2023
N1  - https://doi.org/10.11648/j.ijsts.20231105.11
DO  - 10.11648/j.ijsts.20231105.11
T2  - International Journal of Science, Technology and Society
JF  - International Journal of Science, Technology and Society
JO  - International Journal of Science, Technology and Society
SP  - 175
EP  - 184
PB  - Science Publishing Group
SN  - 2330-7420
UR  - https://doi.org/10.11648/j.ijsts.20231105.11
AB  - Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.
VL  - 11
IS  - 5
ER  -

Copy | Download