Thibault Schrepel on Smart Contracts
Yahoo Life – ICLE Academic Affiliate Thibault Schrepel was quoted by Yahoo Life in a story about what the EU Data Act will mean for so-called “smart contracts.” You can read full piece here.
The relevant portion of the Data Act, Article 30, “endangers smart contracts that no one can predict” according to Thibault Schrepel, a blockchain law expert and co-director of the Amsterdam Law & Technology Institute at VU Amsterdam. In a March 14 tweet, he said that the immutability of smart contracts is key, adding:
That said, he noted that better defining the terms of the act would be an improvement, as its focus is on data sharing specifically.