3.11.3. Legal and Regulatory Aspects of the Ecosystem
To ensure seamless user interaction with ecosystem elements and facilitate local payments in their respective national currencies, an appropriate legal framework will be implemented. This will ensure full compliance with regulatory requirements and create conditions for incorporating DeflationCoin into the strategic reserves of central banks in these countries.
When forming the legal framework, decentralized legal solutions will be employed to establish a link between smart contracts and traditional legal agreements.
These technologies enable the automation of obligation fulfillment and ensure their legal enforceability in the real world. Examples include platforms like OpenLaw, Legalese, Mattereum, and Rocket Lawyer, which integrate blockchain technologies with legal processes, simplifying the drafting and execution of contracts.
Criteria for Selecting Jurisdictions to Register Deflationary Ecosystem Elements:
Demonstrates loyalty and a positive attitude toward the crypto sphere.
Offers a low tax rate for the IT sector.
Provides a fair and transparent judicial system.
To minimize risks of political interference, diversification across jurisdictions will be implemented. The most suitable legal frameworks will be selected for the various elements of the deflationary ecosystem.
Important Notice!
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