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2018 | OriginalPaper | Buchkapitel

Legal Issues of Digital Technology

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Abstract

The chapter is mainly about the steps governments are taking to assure that the latest technological innovations are not misused by drug dealers and other criminals, persons seeking to avoid the payment of taxes on profits made, as well as by terrorists and governments facing international sanctions. The problems include a lack of understanding by governments about the nature and function of the new technology, how to overcome its near total lack of transparency, the actions of individuals who hack individual websites to gain knowledge of users’ private keys to steal wallets containing virtual currencies, and other endeavors.

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Fußnoten
1
For a discussion of the complexity jurisdiction in cyberlaw cases and how courts exercise it, see Roy J. Girasa, Cyberlaw: National And International Perspectives, Ch. 2, Prentice-Hall, 2010.
 
2
International Shoe Co. v. Washington, 326 U.S. 310 (1945).
 
3
Asahi Metal Industry Co. v. Superior Court, 480 U.S. 102 (1987). For a discussion of jurisdictional basics see, Betsy Rosenblatt, Principles of Jurisdiction, https://​cyber.​harvard.​edu/​property99/​domain/​Betsy.​html
 
4
Zippo Mfr. Co. v. Zippo Dot Com, Inc., 952 F. Supp. 1119 (W.D. Pa. 1997).
 
5
Regulation EU 2016/679.
 
6
Gregory Brandman and Samuel Thampapillai, Blockchain – Considering the Regulatory Environment, University of Oxford Law Faculty, July 7, 2017, https://​www.​law.​ox.​ac.​uk/​business-law-blog/​blog/​2016/​07/​blockchain-%E2%80%93-considering-regulatory-horizon
 
7
Wulf Kaal and Craig Calcaterra, Cryptotransaction Dispute Resolution, University of Oxford Law Faculty, July 13, 2017, https://​www.​law.​ox.​ac.​uk/​business-law-blog/​blog/​2017/​07/​cryptotransactio​n-dispute-resolution
 
9
SEC v. Shavers, No. 4:13-CV-416 (E.D. Tex. Aug. 6, 2013).
 
10
SEC v. W.J. Howey & Co., 328 U.S. 293, 298–99 (1946); Long v. Shultz Cattle Co, 881 F.2d 129, 132 (1989).
 
11
SEC v. Shavers, supra at note 9, https://​www.​sec.​gov/​litigation/​complaints/​2013/​comp-pr2013-132.​pdf. See also U.S. Securities and Exchange Commission, Litigation Release. No. 23090 (Sept. 22, 2014), https://​www.​sec.​gov/​litigation/​litreleases/​2014/​lr23090.​htm
 
12
Gordon v. Dailey, No. 14-cv-7495 (JHR) (JS) (D.C.N.J., July 25, 2016).
 
13
Federal Court Allows Bitcoin Investor Suit to Proceed, Internet Law Commentary, March 30, 2017, https://​internetlawcomme​ntary.​com/​2017/​03/​30/​federal-court-allows-bitcoin-investor-suit-proceed/​
 
14
Stephanie Lo and J. Christina Wang, Bitcoin as Money?, Federal Reserve Bank of Boston: Current Policy Perspectives, Sept. 4, 2014, https://​www.​bostonfed.​org/​publications/​current-policy-perspectives/​2014/​bitcoin-as-money.​aspx
 
15
 
16
Cynthia Gayton, Smart Contracts, Cryptocurrency and Taxes, July 26, 2016, https://​medium.​com/​@squizzi3/​smart-contracts-cryptocurrency-and-taxes-6050f1f5308e
 
19
Iltacon, What are Blockchain and Smart Contracts and When Will They Be Important, Panel Discussion, Sept. 30, 2016, https://​www.​iltanet.​org/​HigherLogic/​System/​DownloadDocument​File.​ashx?​DocumentFileKey=​​bde36e05
 
21
Michaela Ross, Tech Giants Eye Government Blockchain Use as Business Boost, Bloomberg, Aug. 25, 2017, https://​www.​bna.​com/​tech-giants-eye-n73014463697/​
 
22
For a history of smart contracts and their implications, see Max Raskin, The Law and Legality of Smart Contracts, 1 GEO. L. TECH. REV. 304 (2017), https://​www.​georgetownlawtec​hreview.​org/​the-law-and-legality-of-smart-contracts/​GLTR-04-2017/​
 
23
Caitlin Moon, Blockchain for Lawyers 101: Part 2, Law Technology Today, Jan. 31, 2017, http://​www.​lawtechnologytod​ay.​org/​2017/​01/​blockchain-lawyers-101-part-2/​
 
24
Kate H. Withers, Smart Contracts: Opportunities and Legal Risks in Fin Tech, Nov. 8, 2016, National Law Review, Jan 15, 2018, https://​www.​natlawreview.​com/​article/​smart-contracts-opportunities-and-legal-risks-fintech
 
25
Sue A. Purvis, The Fundamentals of Intellectual Property for the Entrepreneur, U.S. Patent and Trademark Office, https://​www.​uspto.​gov/​sites/​default/​files/​about/​offices/​ous/​121115.​pdf
 
26
Amanda G. Ciccotelli, How blockchain is critical to the securitization of IP, IPWatchdog, Oct. 9, 2017, http://​www.​ipwatchdog.​com/​2017/​10/​09/​blockchain-critical-securitization-ip/​id=​88179/​
 
28
Michael Zhang, Binded Unveils One Click US Copyright Registration for Photos at No Extra Fee, Petapixel, Aug. 8, 2017. https://​petapixel.​com/​2017/​08/​08/​binded-unveils-one-click-us-copyright-registration-photos-no-extra-fee/​
 
31
Ruth Burstall and Birgit Clark, Blockchain, IP and the Fashion Industry, Managing Intellectual Property, March 23, 2017, http://​www.​managingip.​com/​Article/​3667444/​Blockchain-IP-and-the-fashion-industry.​html
 
Metadaten
Titel
Legal Issues of Digital Technology
verfasst von
Rosario Girasa
Copyright-Jahr
2018
DOI
https://doi.org/10.1007/978-3-319-78509-7_3