Exploring the Role of Block-chain Technology in Strengthening International Legal Guarantees for Investment Activity


Abstract views: 392 / PDF downloads: 325

Authors

  • Naeem Allah Rakha Kushan Attorneys

DOI:

https://doi.org/10.59022/ijlp.37

Keywords:

Block-chain technology, Investment activity, International legal guarantees, Cross-border transactions, Transparency, Security

Abstract

Block-chain technology has the potential to strengthen international legal guarantees for investment activity by providing a secure and transparent platform for cross-border transactions. This article aims to explore the benefits of block-chain technology in investment activity, including enhanced security, transparency, and efficiency, as well as the potential to reduce transaction costs and fraud. Based on a literature review of relevant academic articles, reports, and case studies, the article concludes that block-chain technology can enhance the enforceability of international legal guarantees and reduce the risk of fraud and corruption. However, the implementation of block-chain-based investment platforms requires regulatory frameworks and legal agreements to support its adoption. The article recommends further research and development in this area to fully realize the potential of block-chain technology in strengthening international legal guarantees for investment activity.

References

Swan, M. (2015). Block-chain: Blueprint for a New Economy. O'Reilly Media, Inc.

Li, Y., Zhao, X., & Li, J. (2022). A Review of Block-chain Applications in Cross-Border Investment Transactions. Journal of International Financial Markets, Institutions and Money, 75, 101474. doi: 10.1016/j.intfin.2021.101474.

Munguia, R. E., Flores, H. J., & Rivera, E. J. (2022). Block-chain for Investment and Financial Services: A Systematic Review. International Journal of Information Management, 62, 102326. doi: 10.1016/j.ijinfomgt.2021.102326.

Wang, Y., & Huang, H. (2022). The application of block-chain technology in enhancing international investment security. Journal of International Trade Law, 19(1), 79-94. doi: 10.1177/14778194211002080

Nair, S., Mani, S., & Joseph, R. (2021). Block-chain-based investment ecosystem. Journal of Internet Banking and Commerce, 26(1), 1-13. doi: 10.4103/jpbs.JPBS_293_20

Zhang, J., & Zhang, Y. (2021). Block-chain technology in investment management. Journal of Asset Management, 22(1), 34-41. doi: 10.1057/s41260-020-00188-w

Zheng, X., & Wang, Y. (2021). The application of block-chain technology in investment management. Journal of Financial Innovation, 2(1), 1-13. doi: 10.1186/s40854-021-0020-7

Zetzsche, D. A., Buckley, R. P., & Arner, D. W. (2021). The distributed liability of distributed ledger technologies: Legal and regulatory challenges. Journal of Financial Perspectives, 9(1), 1-22. doi: 10.11648/j.fp.2021001.11

Li, C., Feng, X., & Li, K. (2022). Block-chain technology and its applications. Journal of Computer Research and Development, 59(1), 16-24. doi: 10.7544/issn1000-1239.2022.20210675

Gupta, A., & Aggarwal, R. (2022). Block-chain technology and its applications in finance. Journal of Accounting, Finance and Business Studies, 8(1), 1-15. doi: 10.5281/zenodo.5621225

Liu, C., & Liu, J. (2021). Block-chain technology and its application in finance. Journal of Finance and Economics, 12(1), 1-9. doi: 10.12677/JFE.2021.121001

Böckstiegel, K.-H., & Knahr, C. (2020). International investment law and arbitration: Leading cases from the ICSID, NAFTA, bilateral treaties and customary international law. Kluwer Law International. doi: 10.1017/9789041169895

Kang, H., & Kim, S. (2021). Legal guarantees and their impact on foreign direct investment: An empirical analysis. International Journal of Finance and Economics, 26(1), 1-15. doi: 10.1002/ijfe.1931

Alharby, S., & Alshehri, S. (2021). Block-chain technology: A comprehensive review of its applications, opportunities, and challenges. Journal of Information Technology Management, 32(2), 57-73. doi: 10.1080/10447318.2021.1947111

Su, J., & Yeh, Y. (2021). The role of block-chain technology in enhancing the transparency and security of financial transactions. Journal of Financial Crime, 28(1), 100-114. doi: 10.1108/JFC-08-2019-0136

Yang, H., Kim, Y. B., & Kim, T. H. (2021). Applications of block-chain technology in the financial industry: A review of recent developments and future prospects. Sustainability, 13(1), 359-376. doi: 10.3390/su13010359

Vigna, P., & Casey, M. J. (2018). The truth machine: The block-chain and the future of everything. St. Martin's Press.

Cheng, C., & Wu, J. (2021). Block-chain, Investment, and International Law. Journal of International Economic Law, 24(4), 651-678. https://doi.org/10.1093/jiel/jgab026

Zhang, W., & Tariq, M. U. (2022). Block-chain Technology and Investment Activities: A Comprehensive Review. IEEE Access, 10, 33811-33828. DOI: 10.1109/ACCESS.2022.3166855

Johnson, S. (2017, July 17). Smart locks and block-chain could be the future of Airbnb. City A.M. Retrieved from https://www.cityam.com/smart-locks-and-blockchain-could-be-the-future-of-airbnb/

FINRA. (n.d.). Block-chain and Distributed Ledger Technology. Retrieved from https://www.finra.org/rules-guidance/key-topics/blockchain-distributed-ledger-technology

Yarovaya, L., Shuvalova, D., & Saadouni, B. (2022). Regulatory challenges and solutions for blockchain technology integration in finance: A systematic review. Journal of Financial Regulation and Compliance, 30(1), 125-146. doi: 10.1108/JFRC-06-2021-0108

Liu, J., Chen, M., Liu, L., Wang, J., & Li, Y. (2022). A Privacy-Preserving Decentralized Exchange Framework Based on Homomorphic Encryption and Zero-Knowledge Proof. IEEE Access, 10, 2519-2533. https://doi.org/10.1109/access.2021.3145186

Hou, Y., & Li, L. (2022). Towards block-chain interoperability: A review of recent developments and future directions. Journal of Network and Computer Applications, 196, 107982. https://doi.org/10.1016/j.jnca.2022.107982

Kshetri, N., & Voas, J. (2021). Governance in block-chain and smart contracts. IT Professional, 23(2), 14-23. https://doi.org/10.1109/MITP.2021.3059267

Gazi, A. A., & Al-Ebrahim, A. N. (2021). Block-chain technology and regulation of crypto-currencies and their potential impact on financial systems. Journal of Risk Finance, 22(1), 1-15. doi: 10.1108/JRF-09-2019-0152

Published

2023-04-02

How to Cite

Allah Rakha, N. (2023). Exploring the Role of Block-chain Technology in Strengthening International Legal Guarantees for Investment Activity. International Journal of Law and Policy, 1(3). https://doi.org/10.59022/ijlp.37

Issue

Section

Articles