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Full-Text Articles in Law

Smart Contracts, Bitcoin Bots, And Consumer Protection, Joshua A.T. Fairfield Oct 2014

Smart Contracts, Bitcoin Bots, And Consumer Protection, Joshua A.T. Fairfield

Joshua A.T. Fairfield

Trustless public ledgers (“TPLs”)—the technology underneath Bitcoin—do more than just create online money. The technology permits people to directly exchange money for what they want, with no intermediaries, such as credit card companies. Contract law is the law of bargained-for exchange, so a technology that enables direct exchange online will change the reality of online contracting. The current problem with consumer contracting online is that courts and companies have collaborated to create an online system in which consumers cannot bargain. Under the current regime, consumers have no choice but to click the “I Accept” button. Online, contract law is not …


Digital Innocence, Joshua A.T. Fairfield, Erik Luna Sep 2014

Digital Innocence, Joshua A.T. Fairfield, Erik Luna

Joshua A.T. Fairfield

Recent revelations have shown that almost all online activity and increasing amounts of offline activity are tracked using Big Data and data mining technologies. The ensuing debate has largely failed to consider an important consequence of mass surveillance: the obligation to provide access to information that might exonerate a criminal defendant. Although information technology can establish innocence—an ability that will only improve with technological advance—the fruits of mass surveillance have been used almost exclusively to convict. To address the imbalance and inform public dialogue, this Article develops the concept of “digital innocence” as a means of leveraging the tools of …