blockLAW: Blockchain Technology for Legal Automation and Workflow -- Cyber Ethics and Cybersecurity Platforms
In the current legal environment, it is essential to prioritize the protection and reliability of data to promote trust and effectiveness. This study examines how blockchain technology in the form of blockLAW can be applicable to investigate its effects on legal automation, cybersecurity, and ethica...
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Main Authors | , |
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Format | Journal Article |
Language | English |
Published |
08.10.2024
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Subjects | |
Online Access | Get full text |
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Summary: | In the current legal environment, it is essential to prioritize the
protection and reliability of data to promote trust and effectiveness. This
study examines how blockchain technology in the form of blockLAW can be
applicable to investigate its effects on legal automation, cybersecurity, and
ethical concerns. The decentralized ledger and unchangeable characteristics of
Blockchain provide opportunities to simplify legal procedures, automate
contract execution with smart contracts, and improve transparency in legal
transactions. Blockchain is seen as a crucial instrument for updating legal
processes while maintaining ethical standards, tackling issues like
scalability, regulatory adherence, and ethical dilemmas such as privacy and
fairness. The study examines recent developments and evaluates blockchain
impact on legal structures, offering perspectives on its potential to enhance
legal procedures and guarantee transparency in legal systems. It further
emphasizes blockchain ability to redefine how legal professionals handle and
protect sensitive information, leading to stronger, more effective, and
reliable legal procedures. We have also discussed the technological
considerations when it comes to blockchain integration into legal systems like
integration planning, implementation strategies, innovations, advancements,
trends with Blockchain Integration Framework for legal systems. |
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DOI: | 10.48550/arxiv.2410.06143 |