Private Law Theory

1.1 Digital assets are fundamental to modern society and the contemporary economy. They are used for an expanding variety of purposes – including as valuable things in themselves, as a means of payment, or to represent or be linked to other things or rights – and in growing volumes. Electronic signatures, cryptography, distributed ledgers, smart contracts and associated technology have broadened the ways in which digital assets can be created, accessed, used and transferred …

Law Commission, Digital assets: Final report, Law Com No 412, 27 June 2023.