The immutability paradox in smart contracts as a challenge to traditional choice of law principles in international commerce

Abdugaffarov, Davronbek, Абдугаффаров, Давронбек, Abdugaffarov, Davronbek

Жамият ва инновациялар / Общество и инновации / Society and innovations · 2026-yil

Annotatsiya

This article examines the critical conflict between the technological immutability of smart contracts and the legal principle of party autonomy in international commercial law. While Uzbekistan has established a robust framework for choice of law through its Civil Code and the 2021 Law "On International Commercial Arbitration," the automated execution of blockchain based contracts often creates an “immutability paradox” where the chosen law cannot be practically enforced. The research analyzes this gap and proposes improvements to the choice-of-law principles, suggesting that valid international smart contracts must incorporate legal "kill switches" or dispute resolution mechanisms to remain compatible with national public policy and the rule of law.

Maqola ma’lumotlari
MualliflarAbdugaffarov, Davronbek, Абдугаффаров, Давронбек, Abdugaffarov, Davronbek
JurnalЖамият ва инновациялар / Общество и инновации / Society and innovations
Nashr sanasi2026-01-25
Jild7
Son1/S
Betlar108-111
TilIngliz
DOI10.47689/2181-1415-vol7-iss1/s-pp108-111

Kalit so‘zlar

международное частное право, выбор права, смарт-контракты, парадокс неизменности, автономия воли сторон, законодательство Узбекистана, цифровые активы, private international law, choice of law, smart contracts, immutability paradox, party autonomy, Uzbekistan legislation, digital assets, xalqaro xususiy huquq, huquqni tanlash, smart-shartnomalar, o‘zgarmaslik paradoksi, taraflarning erk muxtoriyati, O‘zbekiston qonunchiligi, raqamli aktivlar

Ilmiy soha

Жамият ва инновациялар / Общество и инновации / Society and innovations jurnalidan boshqa maqolalar

Жамият ва инновациялар / Общество и инновации / Society and innovations — barcha maqolalar