SMART CONTRACTS IN THE DIGITAL ECONOMY: A NEW PARADIGM OF CONTRACT LAW

Authors

  • Azirbaev Salamat Kuanishbaevich Karakalpak State University (Republic of Karakalpakstan, Nukus)

Keywords:

Smart contract, digital economy, blockchain, contract law, electronic contract, automation, legal status, Uzbekistan experience, international experience, legal analysis.

Abstract

This article is devoted to the study of the legal and practical significance of smart contracts in the digital economy. The article will analyze the technological basis of smart contracts, their relationship with civil contracts, automated enforcement mechanisms, as well as foreign and Uzbek experience. The study highlights the capabilities, risks and limitations of smart contracts, analyzing their impact on innovative processes in the digital economy from a scientific point of view.

References

Szabo, N. (1997). Formalizing and Securing Relationships on Public Networks. University of Washington.

Christidis, K., Devetsikiotis, M. (2016). Blockchains and Smart Contracts for the Internet of Things. IEEE Access.

Tapscott, D., Tapscott, A. (2016). Blockchain Revolution. Penguin.

Singapur Hukumiy Kodlari va Elektron Shartnoma qonunlari (2022).

Shvetsiya Moliya Departamenti hisobotlari, Blockchain va Smart Kontraktlar (2021).

O‘zbekiston Respublikasi Prezidentining Raqamli iqtisodiyotni rivojlantirish bo‘yicha farmonlari (2022–2025).

Mougayar, W. (2016). The Business Blockchain. Wiley.

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Published

2026-02-22

How to Cite

Azirbaev Salamat Kuanishbaevich. (2026). SMART CONTRACTS IN THE DIGITAL ECONOMY: A NEW PARADIGM OF CONTRACT LAW. Ethiopian International Journal of Multidisciplinary Research, 13(2), 1206–1207. Retrieved from https://eijmr.org/index.php/eijmr/article/view/5265

Issue

Vol. 13 No. 2 (2026): Ethiopian International Journal of Multidisciplinary Research

Section

Articles