Blockchain-based smart contracts indubitably fall subject to private international law, a legal expert has argued in a post published to Oxford University’s Business Law Blog today, Jan. 23.

Giesela Rühl — a professor of Private International Law and co-director of the Centre for European Studies at the Friedrich Schiller University in Jena, Germany — entitled her analysis “The Law Applicable to Smart Contracts, or Much Ado About Nothing?” As the title implies, the report argues that the presumed friction between smart contracts and established legal precedent may be over-exaggerated.

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