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Distributed Ledger Technology aka Blockchain is gaining recognition in both private and public sectors. The peer-to-peer technology promises to disintermediate, streamline and standardize processes across a wide range of industries and public service offerings. Although a key innovation of Blockchain Technology is the sophisticated level of self-governance it enables, the technology needs to be recognized by national and international laws and regulations to go from fringe to mainstream. At the same time, Blockchain-based applications and services need to incorporate an understanding of relevant legal norms into their codified rulesets.
How can we combine the empowering properties of distributed ledgers with the legal tools and frameworks our society has evolved?