Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Modern Blockchain Technologies and the Law of State Registers (Ukrainian Experience)

Author(s): Anatolii Poliakh, Ivan Doronin, Andrii Zapototskyi, Svitlana Pylypenko, Oleh Yemets

Description: The article is devoted to the problem of peculiarities of legal application of blockchain technologies in relation to State registers in Ukraine. The Subject of the Study: The subject is the examination of the legal nature and regulation legal application of blockchain technologies in relation to state registers in Ukraine. Methodology: The following methods of scientific analysis are used to substantiate the provisions put forward in the research: method of system analysis, methods of theoretical generalization and comparison, statistical methods of information processing, economic analysis, decision making, modeling and expert evaluations. The Results of the Study: It is stated that blockchain technology is one of the modern world technological trends. Its advantages are a high degree of protection of information from unauthorized changes, which increases the level of confidence in the whole process of its collection, storage and processing. In the domestic realities, technical specialists are actively proposing various projects for the use of blockchain technology in state registers. Practical Implications: It is proved that are a number of legal problems related to legal application of blockchain technologies in relation to State registers in Ukraine, which, nevertheless, can be solved through the application of existing law. Value/Originality: The article analyzes the main views expressed in modern legal science on the issue under consideration, substantiates the relevant problem area and suggests the problems for further research.

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