There are no fewer than three different functions which electronic records transferable on a blockchain may perform with the necessary support of applicable laws. The Model Law on Electronic Transferable Records currently drafted by UNCITRAL is only applicable to a type of electronic transferable record which fulfills...
Showing posts with label Cape Town Convention. Show all posts
Showing posts with label Cape Town Convention. Show all posts
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In my earlier post, I have noted the difficulty of localising cryptocurrency for the purpose of choice of law for proprietary issues.The difficulty of localisation in choice of law is not unique to blockchain. The high seas and outer space, too, present the same difficulty since no nation exercise sovereignty over such...
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The Cape Town Convention (Convention on International Interests in Mobile Equipment) is one of the most successful international conventions in transnational commercial law. At the heart of its system of priorities lies the international registry. It is established by the Supervisory Authority who also appoints the registrar...