EconPapers    
Economics at your fingertips  
 

Prospects of Blockchain in Contract and Property

Benito Arruñada

A chapter in Disruptive Technology, Legal Innovation, and the Future of Real Estate, 2020, pp 35-55 from Springer

Abstract: Abstract Recurrent difficulties are delaying, if not killing off, what for the time being are still modest applications of blockchain. This chapter identifies what value this new technology adds to the contractual and property processes, exploring its potential and analyzing the main difficulties it is facing. Paying particular attention to the distinction between contract (personal or in personam) rights and property (real or in rem) rights, it first examines the difficulties for trading contract rights through blockchain-based applications, mainly those to complete contracts ex ante without relying on third-party enforcers. Second, it explores the difficulties faced by blockchain to enable trade in property rights.

Keywords: Property rights; Enforcement; Transaction costs; Impersonal exchange; Blockchain; Distributed ledgers; Smart contracts; Registries (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Prospects of Blockchain in Contract and Property (2020) Downloads
Working Paper: Prospects of blockchain in contract and property (2020) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-52387-9_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030523879

DOI: 10.1007/978-3-030-52387-9_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-23
Handle: RePEc:spr:sprchp:978-3-030-52387-9_3