Digitalizarea pieței imobiliare și a notariatului prin tehnologia blockchain//The Digitalization of the Real-estate Market and the Civil Law Notary Using Blockchain Technology

We are all preparing for the technological revolution. Never in his existence has humanity been affected so quickly by the changes around him. The blockhain technology stands out and seems to have the biggest impact; not once has blockchain been compared with the impact that the internet has had on us since its’ beginning. But, unlike the internet, blockchain seems to affect out lives much more visible. Not only does this new technology offer us access to information, but also gives us the possibility to realize operations that, until now, took us much more time, like payments or online shopping. The civil law notary is one of the oldest professions in the world; it’s existence can be traced to roman law. But in this new digital world, one must wonder: does this bureaucratic civil servants have a place? Especially when Artificial Inteligence seems to fulfil the social needs that have been the backbone of the notarial profession since its’ founding. This article will try to answer the question if the civil law notary, as we know him, can be skipped when purchasing a real estate asset? In other words, can the notarial act be replaced with what is today known as a smart contract?

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Publication Details

Journal
SHILAP Revista de lepidopterología
Published
2024-10-01
DOI
https://doi.org/10.47743/jss-70-2-6
Primary Topic
Digital Transformation in Law
Type
article
Field-Weighted Citation Impact
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article

Digitalizarea pieței imobiliare și a notariatului prin tehnologia blockchain//The Digitalization of the Real-estate Market and the Civil Law Notary Using Blockchain Technology

SHILAP Revista de lepidopterología
Digital Transformation in Law
article

Digitalizarea pieței imobiliare și a notariatului prin tehnologia blockchain//The Digitalization of the Real-estate Market and the Civil Law Notary Using Blockchain Technology

article en

Abstract

We are all preparing for the technological revolution. Never in his existence has humanity been affected so quickly by the changes around him. The blockhain technology stands out and seems to have the biggest impact; not once has blockchain been compared with the impact that the internet has had on us since its’ beginning. But, unlike the internet, blockchain seems to affect out lives much more visible. Not only does this new technology offer us access to information, but also gives us the possibility to realize operations that, until now, took us much more time, like payments or online shopping. The civil law notary is one of the oldest professions in the world; it’s existence can be traced to roman law. But in this new digital world, one must wonder: does this bureaucratic civil servants have a place? Especially when Artificial Inteligence seems to fulfil the social needs that have been the backbone of the notarial profession since its’ founding. This article will try to answer the question if the civil law notary, as we know him, can be skipped when purchasing a real estate asset? In other words, can the notarial act be replaced with what is today known as a smart contract?

SHILAP Revista de lepidopterología
Alexandru Ioan Cuza University (RO)
Peace, Justice and strong institutions
Openalex Percentile: Top 38%
Digital Transformation in Law
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Digitalizarea pieței imobiliare și a notariatului prin tehnologia blockchain//The Digitalization of the Real-estate Market and the Civil Law Notary Using Blockchain Technology · SHILAP Revista de lepidopterología (2024) | TGRS Research Map | TGRS