The oracle as a link between jurisdiction and smart contracts

Detalhes bibliográficos
Autor(a) principal: Silveira, Jan Felipe Silveira
Data de Publicação: 2022
Tipo de documento: Artigo
Idioma: por
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://doi.org/10.29073/j2.v5i1.620
Resumo: The article has as its central element the study of the impact of the adoption of smart contracts in private relations. The work focuses its approach on the possibility of emptying traditional forms of jurisdiction, due to the characteristic of self-execution of contractual terms, as a consequence of the use of blockchain technology. Blockchain technology has become one of the biggest protagonists in the transformation of digital technologies and this is due to its peculiar characteristic of decentralized information management, in addition to its reliability. The analysis starts from the identification of the intrinsic elements of smart contracts, demonstrating, in a deductive way, their specificities and their points of intersection with the traditional contractual theory. With the expansion of the use of smart contracts to regulate more and more situations of private life, it was established the need to incorporate an exogenous element into the system, which is the figure of the oracle, whose function is to feed external data to the blockchain. There is, therefore, a link between the phenomenal world and the purely virtual world, through blockchain technology. In this way, from the conception of the oracle, the possibility of linking the jurisdiction and smart contracts opens up.
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spelling The oracle as a link between jurisdiction and smart contractsO oráculo como elo entre a jurisdição e os smart contractsSmart ContractsBlockchainOráculoJurisdiçãoSmart ContractsBlockchainOracleJurisdictionThe article has as its central element the study of the impact of the adoption of smart contracts in private relations. The work focuses its approach on the possibility of emptying traditional forms of jurisdiction, due to the characteristic of self-execution of contractual terms, as a consequence of the use of blockchain technology. Blockchain technology has become one of the biggest protagonists in the transformation of digital technologies and this is due to its peculiar characteristic of decentralized information management, in addition to its reliability. The analysis starts from the identification of the intrinsic elements of smart contracts, demonstrating, in a deductive way, their specificities and their points of intersection with the traditional contractual theory. With the expansion of the use of smart contracts to regulate more and more situations of private life, it was established the need to incorporate an exogenous element into the system, which is the figure of the oracle, whose function is to feed external data to the blockchain. There is, therefore, a link between the phenomenal world and the purely virtual world, through blockchain technology. In this way, from the conception of the oracle, the possibility of linking the jurisdiction and smart contracts opens up.O artigo tem como elemento central o estudo dos reflexos da adoção de smart contracts nas relações privadas. O trabalho concentra sua abordagem na possibilidade de esvaziamento das formas de jurisdição tradicionais, pela característica da auto executoriedade das cláusulas contratuais, como consequência da utilização da tecnologia blockchain. A tecnologia blockchain vem se tornando um dos maiores protagonistas na transformação das tecnologias digitais e isso se deve a sua peculiar característica de gestão descentralizada das informações, além de sua confiabilidade. A análise parte da identificação dos elementos intrínsecos dos smart contracts, demonstrando, de maneira dedutiva, suas especificidades e seus pontos de intersecção com a teoria contratual tradicional. Com a ampliação da utilização dos smart contracts para regular cada vez mais situações da vida privada, estabeleceu-se a necessidade de incorporar um elemento exógeno ao sistema, que é a figura do oráculo, cuja função é alimentar com dados externos a blockchain. Tem-se, portanto, um elo entre o mundo fenomênico e o mundo puramente virtual, através da tecnologia blockchain. Desse modo, a partir da concepção do oráculo, abre-se a possibilidade de ligação entre a jurisdição e os smart contracts.Ponteditora2022-04-30info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdftext/xmlhttps://doi.org/10.29073/j2.v5i1.620oai:revistas.ponteditora.org:article/620J² - Legal Journal; Vol. 5 No. 1 (2022): J2 - Legal Journal; 005-018J² - Jornal Jurídico; Vol. 5 N.º 1 (2022): J2 - Jornal Jurídico; 005-0182184-308210.29073/j2.v5i1reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPporhttps://revistas.ponteditora.org/index.php/j2/article/view/620https://doi.org/10.29073/j2.v5i1.620https://revistas.ponteditora.org/index.php/j2/article/view/620/439https://revistas.ponteditora.org/index.php/j2/article/view/620/440Direitos de Autor (c) 2022 J² - Jornal Jurídicoinfo:eu-repo/semantics/openAccessSilveira, Jan Felipe Silveira2022-12-20T10:57:04Zoai:revistas.ponteditora.org:article/620Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:19:13.101929Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The oracle as a link between jurisdiction and smart contracts
O oráculo como elo entre a jurisdição e os smart contracts
title The oracle as a link between jurisdiction and smart contracts
spellingShingle The oracle as a link between jurisdiction and smart contracts
Silveira, Jan Felipe Silveira
Smart Contracts
Blockchain
Oráculo
Jurisdição
Smart Contracts
Blockchain
Oracle
Jurisdiction
title_short The oracle as a link between jurisdiction and smart contracts
title_full The oracle as a link between jurisdiction and smart contracts
title_fullStr The oracle as a link between jurisdiction and smart contracts
title_full_unstemmed The oracle as a link between jurisdiction and smart contracts
title_sort The oracle as a link between jurisdiction and smart contracts
author Silveira, Jan Felipe Silveira
author_facet Silveira, Jan Felipe Silveira
author_role author
dc.contributor.author.fl_str_mv Silveira, Jan Felipe Silveira
dc.subject.por.fl_str_mv Smart Contracts
Blockchain
Oráculo
Jurisdição
Smart Contracts
Blockchain
Oracle
Jurisdiction
topic Smart Contracts
Blockchain
Oráculo
Jurisdição
Smart Contracts
Blockchain
Oracle
Jurisdiction
description The article has as its central element the study of the impact of the adoption of smart contracts in private relations. The work focuses its approach on the possibility of emptying traditional forms of jurisdiction, due to the characteristic of self-execution of contractual terms, as a consequence of the use of blockchain technology. Blockchain technology has become one of the biggest protagonists in the transformation of digital technologies and this is due to its peculiar characteristic of decentralized information management, in addition to its reliability. The analysis starts from the identification of the intrinsic elements of smart contracts, demonstrating, in a deductive way, their specificities and their points of intersection with the traditional contractual theory. With the expansion of the use of smart contracts to regulate more and more situations of private life, it was established the need to incorporate an exogenous element into the system, which is the figure of the oracle, whose function is to feed external data to the blockchain. There is, therefore, a link between the phenomenal world and the purely virtual world, through blockchain technology. In this way, from the conception of the oracle, the possibility of linking the jurisdiction and smart contracts opens up.
publishDate 2022
dc.date.none.fl_str_mv 2022-04-30
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https://doi.org/10.29073/j2.v5i1.620
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https://revistas.ponteditora.org/index.php/j2/article/view/620/440
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dc.publisher.none.fl_str_mv Ponteditora
publisher.none.fl_str_mv Ponteditora
dc.source.none.fl_str_mv J² - Legal Journal; Vol. 5 No. 1 (2022): J2 - Legal Journal; 005-018
J² - Jornal Jurídico; Vol. 5 N.º 1 (2022): J2 - Jornal Jurídico; 005-018
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