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Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues

Received: 10 July 2023     Accepted: 18 August 2023     Published: 27 September 2023
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Abstract

Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.

Published in International Journal of Science, Technology and Society (Volume 11, Issue 5)
DOI 10.11648/j.ijsts.20231105.11
Page(s) 175-184
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Smart Contracts, Personal Data Protection, Blockchain

References
[1] Allende Lopez, Marcos y Colinda Unda, Vanesa (2018) “Aprende los tres elementos clave de blockchain con este ejemplo práctico.” Conocimiento abierto. https://blogs.iadb.org/conocimiento-abierto/es/elementos-clave-de-blockchain/
[2] Ibañez Jimenez, Javier (2020) “Concepto y límites del legal smart contracts.” https://repositorio.comillas.edu/rest/bitstreams/408683/retrieve
[3] Extremera Maestro, Enrique (2022) “La protección de datos en la Blockchain y los Smart Contracts ¿es posible?” https://www.legalarmy.net/la-proteccion-de-datos-en-la-blockchain-y-los-smart-contracts-es-posible/
[4] Salas, Alvaro Roco (2019) “Estudio sobre Smart contracts en Ethereum.” https://core.ac.uk/download/pdf/288502094.pdf
[5] Torrenti-Visiedo, Andrés (2020) “Estudio de los aspectos legales, retos y limitaciones de la implementación de tecnologías DLT y Smart contracts en la sindicación de préstamos corporativos.” http://openaccess.uoc.edu/webapps/o2/bitstream/10609/108706/6/atorrentiTFM0120memoria.pdf
[6] Signe, Thomas (2019) “Aspectos Juridicos del Blockchain.” https://www.thomas-signe.com/blog/aspectos-juridicos-del-blockchain
[7] Heredia Querro, Sebastián (2020) “Smart contracts: qué son, para qué sirven y para qué no servirán.” https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3875645
[8] Santos Garcia, Alvaro (2019) “Caracterizacion de Smart Contracts en Ethereum.” https://e-archivo.uc3m.es/bitstream/handle/10016/30195/TFG_Alvaro_Santos_Garcia_2019.pdf?sequence=1&isAllowed=y
[9] Romero Solis, José (2019) “Aplicaciones de contratos en Ethereum.” https://e-archivo.uc3m.es/bitstream/handle/10016/29653/TFG_Jose_Romero_Solis.pdf?sequence=1
[10] Valentini, Daniela B. (2019) “Adopción de tecnologías disruptivas en la contratación pública.” https://www.austral.edu.ar/derecho/2019/04/01/adopcion-de-tecnologias-disruptivas-en-la-contratacion-publica-blockchain-como-herramienta-de-eficiencia-transparencia-y-aliado-contra-la-corrupcion/
[11] Poncibo, Cristina (2022) “Smart contracts: moldeando los patrones futuros del consumo.” Publicado: EBOOK-TR 2022 (Errico), 04/03/2022, 320. Cita: TR LALEY AR/DOC/2664/2021
[12] Negri, Nicolas Jorge (2022) “Smart Contracts”. Publicado en: EBOOK-TR 2022 (Errico), 04/03/2022, 166. Cita TR LALEY AR/DOC/2493/2021
[13] Tur Faundez, Carlos, "Smart contracts. Análisis jurídico", Ed. Reus, Madrid, 2018, ps. 51-59. BIELLI, Gastón E. — ORDÓÑEZ, Carlos J., "Contratos electrónicos", ob. cit., t. II, cap. XXIII.
[14] Mora, Santiago J.(2019) “La tecnología blockchain. Contratos inteligentes, ofertas iniciales de monedas y demás casos de uso” Publicado en: La ley 01/04/2019, 01/04/2019, 1 - laley2019-B, 786. Cita: TR LALEY AR/DOC/537/2019
[15] Arcari, Jared (2019) “Decoding Smart Contracts: Technology, Legitimacy & Legislative Uniformity” https://ir.lawnet.fordham.edu/jcfl/vol24/iss2/3/
[16] Tamargo, Marcelino (2020) “Conflicto entre la tecnología Blockchain y la normativa de protección de datos” https://www.economistjurist.es/premium/derecho-inteligente/conflicto-entre-la-tecnologia-blockchain-y-la-normativa-de-proteccion-de-datos/
[17] Sebastia Puig, Elvira (2022) “Blockchain y normativa de protección de datos: una relación tensa”. https://www.loyra.com/blockchain-y-normativa-de-proteccion-de-datos-una-relacion-tensa/
[18] Constitución Argentina, articulo 43 tercer párrafo.
[19] Faliero, Johanna Caterina (2017) “La protección de los datos personales del consumidor y su importancia cardinal en nuestro sistema juridico argentino” https://www.fuerzas-armadas.mil.ar/Instituto-Ciberdefensa-FFAA/archivos/06%20FALIERO%20La%20proteccion%20datos%20personales.pdf
[20] Agencia de acceso a la información pública, cuadro comparativo ley 25.326 y mensaje 147/2018. https://www.argentina.gob.ar/sites/default/files/comparativo_ley_datos.pdf
[21] Resolución 4/2019, Anexo I.
[22] Gianfelici, Florencia (2020) “Smart contracts. ¿Crónica de un cumplimiento anunciado?” Publicado: La Ley 07/01/2019, 07/01/2019, 1 - La ley 2020-A, 547. Cita: TR LALEY AR/DOC/3266/2019
[23] Wright, Turner (2021) “La comisión de derecho del Reino Unido afirma que las leyes inglesas y galesas aplican a los contratos inteligentes”. https://es.cointelegraph.com/news/uk-law-commission-affirms-english-and-welsh-laws-apply-to-smart-contracts
[24] Castellano Garcia, Adoración (2021) “Conceptualización de los contratos inteligentes o autoejecutables basados en la tecnología blockchain y si encuadre en el ordenamiento jurídico español”. DOI: https://doi.org/10.17561/rej.n21.6756 https://revistaselectronicas.ujaen.es/public/journalslia/rej2021_21/151568764003/index.html
[25] Fink, Michèle (2018) “Blockchains and Data Protection in the European Union” DOI https://doi.org/10.21552/edpl/2018/1/6 https://edpl.lexxion.eu/article/edpl/2018/1/6
Cite This Article
  • APA Style

    María Emiliana Flores. (2023). Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. International Journal of Science, Technology and Society, 11(5), 175-184. https://doi.org/10.11648/j.ijsts.20231105.11

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    ACS Style

    María Emiliana Flores. Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. Int. J. Sci. Technol. Soc. 2023, 11(5), 175-184. doi: 10.11648/j.ijsts.20231105.11

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    AMA Style

    María Emiliana Flores. Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues. Int J Sci Technol Soc. 2023;11(5):175-184. doi: 10.11648/j.ijsts.20231105.11

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  • @article{10.11648/j.ijsts.20231105.11,
      author = {María Emiliana Flores},
      title = {Smart Contracts & Personal Data Protection: A Legal Perspective on Potential Issues},
      journal = {International Journal of Science, Technology and Society},
      volume = {11},
      number = {5},
      pages = {175-184},
      doi = {10.11648/j.ijsts.20231105.11},
      url = {https://doi.org/10.11648/j.ijsts.20231105.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijsts.20231105.11},
      abstract = {Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.},
     year = {2023}
    }
    

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    JO  - International Journal of Science, Technology and Society
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    AB  - Blockchain is an innovative technology that allows for a more efficient life for people, through a variety of actions, including enabling trustworthy transactions and reducing operating costs. In relation to Blockchain, Smart Contracts have emerged, revolutionizing the field of contracts. There are great expectations surrounding these technological advances for various sectors such as finance or registration. However, despite the obvious benefits, some obstacles are being identified regarding compliance with regulations on personal data protection in the service of smart contracts, specifically in relation to privacy/confidentiality controls and the right to be forgotten due to the governing principles of Blockchain. Throughout the course of this paper, we will analyze the different facets that arise within the presented issue, as well as explore various global scenarios and the regulations, doctrine, and jurisprudence, both from Argentina and internationally, in order to envision potential solutions to the identified problems. It is our duty as legal professionals to delve into the revolutionary and disruptive technologies that are currently emerging, so that they can be used as allies both in the daily lives of citizens and in more complex scenarios. Furthermore, we must anticipate potential problems that may arise regarding their use in order to effectively address them.
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Author Information
  • Facultad de Ciencias Sociales y Jurídicas, Universidad Nacional del Litoral, Santa Fe, Argentina

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