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Banking and Finance Law

Golden Gate University School of Law

2020

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Ethical Considerations Of Blockchain: Do We Need A Blockchain Code Of Conduct?, Michele Benedetto Neitz Jan 2020

Ethical Considerations Of Blockchain: Do We Need A Blockchain Code Of Conduct?, Michele Benedetto Neitz

Publications

As states begin to adopt regulations governing cryptocurrencies and other uses of blockchain technology, it is becoming clear that the libertarian ideal of blockchain was just that – an ideal. There are already examples in which human decision-making has counteracted the immutability of some blockchains. In short, there appears to be a movement toward centralization within this decentralized technology.