Published March 23, 2026 | Version v1
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SMART CONTRACTS IN THE DIGITAL ECONOMY: A NEW PARADIGM OF CONTRACT LAW

Authors/Creators

  • 1. Karakalpak State University (Republic of Karakalpakstan, Nukus)

Description

This article is devoted to the study of the legal and practical significance of smart contracts in the digital economy. The article will analyze the technological basis of smart contracts, their relationship with civil contracts, automated enforcement mechanisms, as well as foreign and Uzbek experience. The study highlights the capabilities, risks and limitations of smart contracts, analyzing their impact on innovative processes in the digital economy from a scientific point of view.

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Additional details

References

  • Szabo, N. (1997). Formalizing and Securing Relationships on Public Networks. University of Washington.
  • Christidis, K., Devetsikiotis, M. (2016). Blockchains and Smart Contracts for the Internet of Things. IEEE Access.
  • Tapscott, D., Tapscott, A. (2016). Blockchain Revolution. Penguin.
  • Singapur Hukumiy Kodlari va Elektron Shartnoma qonunlari (2022).
  • Shvetsiya Moliya Departamenti hisobotlari, Blockchain va Smart Kontraktlar (2021).