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Legal regulation of changes and termination of a smart contract under the legislation of the Russian Federation

https://doi.org/10.22394/2074-7306-2023-1-2-85-94

Abstract

The article is aimed at developing practical recommendations for overcoming the problems of changing and terminating smart contracts due to gaps in their legislative regulation. The authors analyze the possibility of applying the general provisions for changing and terminating the contract, enshrined in Chapter 29 of the Civil Code of the Russian Federation, to a smart contract. The article proposes legal mechanisms for changing and terminating a smart contract. The authors conclude that now, when changing and terminating a smart contract, it is not enough to rely on the general provisions of the Civil Code of the Russian Federation, there is an urgent need to solve this problem both through legislative changes and by developing practical mechanisms for implementing existing grounds and methods.

About the Authors

Т. V. Shatkovskaya
South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Rostov State University of Economics
Russian Federation

Tatiana V. Shatkovskaya – Doctor of Juridical Science, Professor, Head of the Department of Theory and History of Law and State of South-Russia Institute of Management – branch of RANEPA; Professor of Department of Civil Law of Rostov State University of Economics

Rostov-on-Don



A. A. Evstafyeva
Southern Federal University
Russian Federation

Alina A. Evstafyeva – Student

Rostov-on-Don



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Review

For citations:


Shatkovskaya Т.V., Evstafyeva A.A. Legal regulation of changes and termination of a smart contract under the legislation of the Russian Federation. North Caucasus Legal Vestnik. 2023;(2):85-94. (In Russ.) https://doi.org/10.22394/2074-7306-2023-1-2-85-94

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ISSN 2074-7306 (Print)
ISSN 2687-0304 (Online)