THE USE OF BLOCKCHAIN AND SMART CONTRACTS IN CIVIL LAW RELATIONS

Abstract

The article examines the integration of blockchain technology and smart contracts into the sphere of civil law relations, focusing on legal consequences and emerging problems related to their application. As these technologies continue to transform various sectors, including finance, supply chain management, and the real estate market, the need for appropriate legal regulation is becoming increasingly urgent. The purpose of this article is to comprehensively analyze the use of blockchain and smart contracts in civil law relations and to study legal issues, current judicial practice, and various regulatory approaches in different jurisdictions. The research is based on an interdisciplinary approach that combines elements of legal analysis, comparative law, as well as the study of modern digital technologies. By examining the intersection of these advanced technologies with established legal principles, the author aims to illuminate the evolving landscape of digital agreements and their consequences for civil law in the 21st century. Assessing the importance of international cooperation for the formation of cross-border legal standards, as well as the prospects and challenges of further development, this study allows for an understanding of the emerging legal landscape of blockchain technologies in the civil law sphere.