Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Allegality

488 views

Published on

A small talk given at the Coinscrum meetup on Monday 8th December in London. Explores the notion of a decentralised software-as-a-service, and points that the lack of a legal service-provider leaves only the users and the software. Software is necessarily allegal (i.e. not pertaining to the concept of legal) and thus users themselves must be policed.

Published in: Technology

Allegality

  1. 1. Allegality SYSTEMS THAT CAN’T CARE Gavin Wood ETHEREUM
  2. 2. Decentralised SaaS (ÐSaaS) Software specifies abstract rules of interaction between parties for a service Abstract can become Concrete Value transfer Actuators Oracles &c.
  3. 3. So what’s new? eBay, PayPal, Amazon all do this, right?
  4. 4. SaaS vs ÐSaaS SaaS has an operator: Operator is human or human-owned Operator exists in “real” legal environment ÐSaaS has no operator: Each ÐSaaS is truly a force of nature
  5. 5. Decentralised SaaS Accordingly implemented, service cannot be, en masse, shut down. Early examples: Bitcoin, Bittorrent Forces of nature
  6. 6. Decentralised SaaS Needs not care about the “human context” of transactions. Force of nature
  7. 7. The State of the Game CRYPTO-FINANCE CRYPTO-CURRENCY APP-COINS CRYPTO-LAW Boolean Structured Language Rules Trivial Ammendable General Numeric Discrete (Less Relevant) (More Relevant)
  8. 8. Real Soon Now Crypto-law, or platforms for arbitrary ÐSaaS
  9. 9. Changes Can’t police ÐSaaS, must police users - but - Limited resources for security Two options: Security-by-saturation; Rethink what is illegal
  10. 10. Changes Risks & Opportunities for Society
  11. 11. Changes Greater transparency, openness, efficiency: KYC and AML become trivial to implement Taxes become trivial to pay and audit Far harder to hide things “under the table”
  12. 12. Changes Liberalism, freedom and individual choice: Harder to police “trends” Harder to shut down mutually beneficial deals Harder to hide uncomfortable truths
  13. 13. Ultimately... (De-facto) Laws will alter according to reformed social norms Stage between could be volatile
  14. 14. Lawmakers: Must work with new system to avoid painful disruption: education, evidence-based decisions, always maximise health & well-being
  15. 15. Lawmakers: Avoid misuse of morality, prejudice, misunderstandings, myths
  16. 16. To all... Renewed need for responsibility, tolerance and honesty
  17. 17. Allegality Gavin Wood Questions?

×