Editor's note

Blockchain is a secure digital ledger for any kind of data that allows for peer-to-peer exchanges using cryptographic, secure protocols. It has the ability to “codify” transactions by deploying small snippets of code – known as smart contracts – directly onto the blockchain.

But smart contracts pose a series of enforceability issues and it’s unclear whether code can address the necessary levels of complexity to replace legal language. And this will need to be resolved if the technology is ever to go mainstream, say Primavera de Filippi and Wolfgang Drechsler.

Clea Chakraverty

Commissioning Editor

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Blockchain is an exciting technology, but for it to go mainstream governments must be able to regulate it. Name Coin/Flick

Can blockchain, a swiftly evolving technology, be controlled?

Vasilis Kostakis, Tallinn University of Technology; Primavera de Filippi, Centre national de la recherche scientifique (CNRS); Wolfgang Drechsler, National University of Singapore

Laws cannot keep pace with technological advances – but that may not be a bad thing.

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