Articles
| Open Access |
DOI:
https://doi.org/10.37547/supsci-ojhpl-05-04-10
THEORETICAL AND LEGAL ANALYSIS OF IMPROVING LEGISLATION ON THE CONCEPT OF A DISTRIBUTED DATA REGISTRY AND THE CONTRACTUAL-LEGAL REGULATION OF SMART CONTRACTS IN THE REPUBLIC OF UZBEKISTAN
Nazokatkhon Ismoilova ,Abstract
The author directly and indirectly analyzed the concept, significance and role of blockchain technology, which is a distributed registry of information, in the social life of society. In particular, the history of the technology's origin, the role of this technology in public administration and electronic governance were discussed. The technology is used in a number of areas in our country, and the technical structure and operation of the technology were also separately approached. Also, the use of contracts concluded using this technology in various areas, the scientific and practical work conducted by foreign countries in this area were described and studied accordingly. In addition, the main aspects of contracts concluded based on blockchain technology and the cryptographic protection of data in them, the anonymous storage of personal information of users, as well as their effective use in certain areas of society, as well as in the medical field, are presented.
Keywords
blockchain, transparency, bitcoin, security, hash, distributed ledger, virtual machines, users, transactions, smart contracts.
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