Die Bilder wurden von der Tech-Bloggerin Jane Manchun Wong entdeckt, die dafür bekannt ist, Informationen über .....

Die Bilder wurden von der Tech-Bloggerin Jane Manchun Wong entdeckt, die dafür bekannt ist, Informationen über .....

Die Bilder wurden von der Tech-Bloggerin Jane Manchun Wong entdeckt, die dafür bekannt ist, Informationen über ....., ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln. ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln, ein Gesetzesvorschlag, der darauf abzielt, die Generierung und Handhabung von Daten durch die Akteure, die sie nutzen, zu regeln, touches on the subject of smart contracts and proposes that every smart contract should have a termination function to stop the flow of transactions when required.

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Smart Contracts Might Be Stifled by EU Data Act

The newly proposed EU Data Act, published on February 23, aims to regulate and control the ways in which data is being generated, bringing legal clarity to the data market in Europe. Laut a Pressemitteilung, the new Data act seeks toensure fairness in the digital environment, stimulate a competitive data market, open opportunities for data-driven innovation and make data more accessible for all.

jedoch, due to its large scope, this new act touches the subject of smart contracts, which are pieces of software designed to execute certain tasks based on data inputs. Das Dokument, in its article 30, titledessential requirements regarding smart contracts for data sharing,” defines the requirements that smart contracts must fulfill to be deployed in conformity with EU laws.

One of these requirements, genannt “safe termination and interruption,” states that approved smart contracts shall:

include internal functions which can reset or instruct the contract to stop or interrupt the operation to avoid future (accidental) executions.

Another requirement for smart contracts to be validated by the EU includes the ability to audit the contracts, with the possibility of obtaining a record of the transactions made in the past by the software.


Limited Applicability

The proposal of interruptible smart contracts and the standardization of these smart contracts to the new requirements imposed by the Data Act were received negatively by some analysts, who criticized the scope and the applicability of the document. This is the case with Thibault Schrepel, Associate Professor of Law at VU Amsterdam, Wer angegeben:

Jetzt, this is absolutely huge/controversial. It imposes smart contracts (that make data available) to be stoppable. So… basically, all oracles *shall* be redesigned (but how?), or else they will infringe the law.

Schrepel further angegeben that the approval of this act would make millions of online smart contracts illegal in the proposed jurisdiction, with no way of adapting them to the requirements presented in the document.

The EU has had its sights on cryptocurrencies recently, with some of its countries lobbying for the creation of a crypto AML watchdog in the region, according to Berichte.

What do you think about the Data Act and its requirements when it comes to smart contracts? Sagen Sie es uns im Kommentarbereich unten.