Advertisement

© 2020

Legal Tech and the New Sharing Economy

  • Marcelo Corrales Compagnucci
  • Nikolaus Forgó
  • Toshiyuki Kono
  • Shinto Teramoto
  • Erik P. M. Vermeulen
Book

Part of the Perspectives in Law, Business and Innovation book series (PLBI)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Marcelo Corrales Compagnucci, Toshiyuki Kono, Shinto Teramoto
    Pages 1-11
  3. Sharing Economy and Platforms

  4. Digital Age and Personal Data

  5. Blockchain and Code

    1. Front Matter
      Pages 133-133
    2. Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen
      Pages 135-154
    3. Craig Calcaterra, Wulf A. Kaal
      Pages 155-179
  6. Autonomous Systems and Future Challenges

    1. Front Matter
      Pages 199-199
    2. Shinto Teramoto
      Pages 201-210
    3. Steven Van Uytsel, Danilo Vasconcellos Vargas
      Pages 211-240
  7. Marcelo Corrales Compagnucci, Nikolaus Forgó, Toshiyuki Kono, Shinto Teramoto, Erik P. M. Vermeulen
    Pages C1-C2
  8. Back Matter
    Pages 223-225

About this book

Introduction

The exponential growth of disruptive technology is changing our world. The development of cloud computing, big data, the internet of things, artificial intelligence, machine learning, deep learning, and other related autonomous systems, such as self-driving vehicles, have triggered the emergence of new products and services. These significant technological breakthroughs have opened the door to new economic models such as the sharing and platform-based economy. As a result, companies are becoming increasingly data- and algorithm-driven, coming to be more like “decentralized platforms”. New transaction or payment methods such as Bitcoin and Ethereum, based on trust-building systems using Blockchain, smart contracts, and other distributed ledger technology, also constitute an essential part of this new economic model. 

The sharing economy and digital platforms also include the everyday exchange of goods allowing individuals to commodify their surplus resources. Information and innovation technologies are used in order to then match these resources with existing demand in the market. Online platforms such as Airbnb, Uber, and Amazon reduce information asymmetry, increase the value of unused resources, and create new opportunities for collaboration and innovation. Moreover, the sharing economy is playing a major role in the transition from exclusive ownership of personal assets toward access-based exploitation of resources. The success of online matching platforms depends not only on the reduction of search costs but also on the trustworthiness of platform operators. 

From a legal perspective, the uncertainties triggered by the emergence of a new digital reality are particularly urgent. How should these tendencies be reflected in legal systems in each jurisdiction? This book collects a series of contributions by leading scholars in the newly emerging fields of sharing economy and Legal Tech. The aim of the book is to enrich legal debates on the social, economic, and political meaning of these cutting-edge technologies. The chapters presented in this edition attempt to answer some of these lingering questions from the perspective of diverse legal backgrounds. 


Keywords

Sharing Economy Artificial Intelligence LegalTech Blockchain Autonomous Vehicles Personal Data Consent GDPR

Editors and affiliations

  • Marcelo Corrales Compagnucci
    • 1
  • Nikolaus Forgó
    • 2
  • Toshiyuki Kono
    • 3
  • Shinto Teramoto
    • 4
  • Erik P. M. Vermeulen
    • 5
  1. 1.Center for Advanced Studies in Biomedical Innovation Law (CeBIL)Faculty of Law, University of CopenhagenCopenhagenDenmark
  2. 2.Department of Innovation and Digitalisation in LawUniversity of ViennaViennaAustria
  3. 3.Faculty of LawKyushu UniversityFukuokaJapan
  4. 4.Faculty of LawKyushu UniversityFukuokaJapan
  5. 5.Department of Business LawTilburg UniversityTilburgThe Netherlands

Bibliographic information

Industry Sectors
Law