Research of theoretical issues of implementation of network contracts (smart contracts) on the example of Russia and foreign countries
( Pp. 95-105)

Abstract:
This article is aimed at studying of theoretical issues of implementing network contracts (smart contracts) on the example of Russia and foreign countries, based on the fact that its knowledge allowed and allows to successfully solve current problems of legal regulation in our country. The starting point of the research is network communication as a non-market type of communication. The article analyzes the provisions of approaches to the legal regulation of network contracts (smart contracts) developed in the new technological reality, taking into account the experience of foreign countries and the Russian Federation that determine the acceptability of the use of blockchain in the field of legal regulation of such a type of interaction between the parties to the contract that is updated according to present technological era. The relevance, theoretical and practical significance of this research is due to the emergence of new tools for interaction between the parties to the contract in the context of using blockchain technology. The author's results, among other things, are presented in the idea that the ability to compile codes by software tools that ensure the fulfillment of obligations under contracts (smart contracts) that are used in the blockchain network not only expands the latter's utilities from simple information storage to participation in the system of economic transactions, but also is an excellent tool for automatic fulfillment of the obligations stated in them.
How to Cite:
Ksenia M.B., (2020), RESEARCH OF THEORETICAL ISSUES OF IMPLEMENTATION OF NETWORK CONTRACTS (SMART CONTRACTS) ON THE EXAMPLE OF RUSSIA AND FOREIGN COUNTRIES. Sociopolitical Sciences, 5 => 95-105.
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Keywords:
Networking, network contracts (smart contracts), Russia, USA, Switzerland, Europe, blockchain, information providers (oracles), information, terms of validity (conclusion) of the contract (smart contract).


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