Regulatory Equivalence

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* Chapter: De Filippi, P., Mannan, M. (2025). Regulatory Equivalence in Blockchain Systems: The Role of Public Values and Legitimacy. In: Goossens, J., Keymolen, E., Stanojević, A. (eds) Public Governance and Emerging Technologies. Springer, Cham. doi

URL = https://link.springer.com/chapter/10.1007/978-3-031-84748-6_8?


Abstract

"Regulatory equivalence refers to the use of technological guarantees to serve the same purpose as traditional legal formalities. This approach goes beyond the use of technology to execute certain legal formalities, but involves analysis of the equivalence between the values undergirding legal rules and the affordances of technological artifacts. This chapter draws on the distinct properties of blockchain-based systems, such as notarization systems, Decentralized Autonomous Organization (DAO)s, and privacy pools, to demonstrate the opportunities and challenges they present to establishing regulatory equivalence."