Author : Thomas G. Duenser
Publisher : BoD – Books on Demand
ISBN 13 : 3751944451
Total Pages : 190 pages
Book Rating : 4.7/5 (519 download)
Book Synopsis Legalize Blockchain by : Thomas G. Duenser
Download or read book Legalize Blockchain written by Thomas G. Duenser and published by BoD – Books on Demand. This book was released on 2023-03-23 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decades, digitalization has been enormously pushing innovation with a stunning impact on economy and society. In this book, the author illustrates that blockchain is one strong driver of the future digital economy, enabling a higher level of efficiency, trust, and legal security. As regulation can decide how a jurisdiction can participate in this development, the author discusses the current and future regulatory challenges and explains, why applying financial market laws for all Token Economy is not appropriate and would hinder its development. Consequently, he argues for a new regulatory fundament for Token Economy - as the Principality of Liechtenstein has introduced in 2020 - and explains the political regulatory decisions of the so-called »Blockchain-Act«. The author pleads also in favour of establishing a new regulatory framework for Token Financial Markets and drafts its cornerstones. In addition to that, he describes the need for an innovation process for the legal framework and emphasizes the importance of the innovation culture of governments and authorities to keep pace with the technological developments and ensure future prosperity.