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Small Forensic ¡°Smart-Law-Scripts¡± the First Step for Intelligent Justice Punishment in Law Enforcement, Economic Crime and Alternative Sentences

Author

Listed:
  • Kanavas Vasilios
  • Zisopoulos Athanasios
  • Stamatis Papangelou

Abstract

In our research we introduce ¡°the forensic smart contract¡± as a punishment alternative for tiny law violations. After studied the legislation boundaries and legal power transfer example for out of court applications, we evaluated three Blockchain applications covering three various cases in smart contracting. A smart-Law-script to eliminate illegal cellphone car use, with best punishment an Irrevocable prepayment in digi-money for a car phone kit. Then a ¡°Lawscript¡± resolving the double taxation problem in international tax conventions. Finally a Court launches a community sentence through a ¡°Rehabilitation Law sentence script¡±. After mass adoption of our methodologies we faced an unexpected globalization peace factor in Blockchain and much wide adoption of CBDC (Central Bank Digital Currency).

Suggested Citation

  • Kanavas Vasilios & Zisopoulos Athanasios & Stamatis Papangelou, 2018. "Small Forensic ¡°Smart-Law-Scripts¡± the First Step for Intelligent Justice Punishment in Law Enforcement, Economic Crime and Alternative Sentences," Business and Economic Research, Macrothink Institute, vol. 8(2), pages 154-167, June.
    • Handle: RePEc:mth:ber888:v:8:y:2018:i:2:p:154-167
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    References listed on IDEAS

    as
    1. Maupin, Julie, 2017. "The G20 countries should engage with blockchain technologies to build an inclusive, transparent, and accountable digital economy for all," Economics Discussion Papers 2017-48, Kiel Institute for the World Economy (IfW Kiel).
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    More about this item

    Keywords

    Fintech; Regtech; Lawtech; smart contracts; Ethereum; Tax Law; Mathematical Programming; community sentence; Blockchain;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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