Small Forensic ¡°Smart-Law-Scripts¡± the First Step for Intelligent Justice Punishment in Law Enforcement, Economic Crime and Alternative Sentences

Kanavas Vasilios, Zisopoulos Athanasios and Stamatis Papangelou

Business and Economic Research, 2018, vol. 8, issue 2, 154-167

Abstract: In our research we introduce ¡°the forensic smart contract¡± as a punishment alternative for tiny law violations. After studied the legislation boundaries and legal power transfer example for out of court applications, we evaluated three Blockchain applications covering three various cases in smart contracting. A smart-Law-script to eliminate illegal cellphone car use, with best punishment an Irrevocable prepayment in digi-money for a car phone kit. Then a ¡°Lawscript¡± resolving the double taxation problem in international tax conventions. Finally a Court launches a community sentence through a ¡°Rehabilitation Law sentence script¡±. After mass adoption of our methodologies we faced an unexpected globalization peace factor in Blockchain and much wide adoption of CBDC (Central Bank Digital Currency).

Keywords: Fintech; Regtech; Lawtech; smart contracts; Ethereum; Tax Law; Mathematical Programming; community sentence; Blockchain (search for similar items in EconPapers)
Date: 2018
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