Decentralized Autonomous Organizations: Is a New Liability Regime Possible? Current Landscape of German and Turkish Company Law and a New Liability Regime Recommendation

Barış C. Cantürk ()
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Barış C. Cantürk: Faculty of Law, Marmara University

A chapter in Decentralized Autonomous Organizations—Governance, Technology, and Legal Perspectives, 2026, pp 135-149 from Springer

Abstract: Abstract The socio-economic developments and the volume of Decentralized Autonomous Organizations (“DAO”) are increasing day by day. However, debates in the field of law regarding the DAOs are still vigorous. One of the most crucial issues pertaining to DAOs is liability, which is related to their legal nature. Hence, this work first briefly reveals the current liability regime of DAOs within the context of the current landscape of German and Turkish Company Law. Particularly ordinary partnerships, joint-stock companies and limited companies will be examined. Then, the new liability regime for DAOs will be proposed, as a part of the recommendation of a “New Code”. Finally, this work will be concluded with the outcomes and recommendations.

Keywords: DAO; Liability; Legal nature (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-032-03273-7_8

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DOI: 10.1007/978-3-032-03273-7_8

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