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Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience

This paper proposes a blockchain solution for some activities currently performed by notary offices under the Civil Law judiciary that is technically viable. The architecture is also planned to accommodate Brazil’s legal, political, and economic requirements. Notaries are responsible for providing v...

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Detalles Bibliográficos
Autores principales: Dias Menezes, Leonardo, de Araújo, Luciano Vieira, Nishijima, Marislei
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9961299/
https://www.ncbi.nlm.nih.gov/pubmed/37360929
http://dx.doi.org/10.1007/s10207-023-00673-3
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author Dias Menezes, Leonardo
de Araújo, Luciano Vieira
Nishijima, Marislei
author_facet Dias Menezes, Leonardo
de Araújo, Luciano Vieira
Nishijima, Marislei
author_sort Dias Menezes, Leonardo
collection PubMed
description This paper proposes a blockchain solution for some activities currently performed by notary offices under the Civil Law judiciary that is technically viable. The architecture is also planned to accommodate Brazil’s legal, political, and economic requirements. Notaries are responsible for providing various intermediation services for civil transactions, where their primary role is to be the trusted party capable of guaranteeing the authenticity of these transactions. This type of intermediation is common and demanded in Latin American countries, such as Brazil, which is regulated by a Civil Law judiciary. The lack of adequate technology to meet such legal demands leads to an excess of bureaucracy, dependence on manual document and signature checks, and centralized and face-to-face actions in the physical dependence of the notary. To deal with this scenario, this work presents a blockchain-based solution to make some of the activities performed by notaries automatic, guaranteeing non-modification and adherence to civil laws. Thus, the suggested framework was evaluated in accordance with Brazilian legislation and provides an economic evaluation of the proposed solution.
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spelling pubmed-99612992023-02-28 Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience Dias Menezes, Leonardo de Araújo, Luciano Vieira Nishijima, Marislei Int J Inf Secur Regular Contribution This paper proposes a blockchain solution for some activities currently performed by notary offices under the Civil Law judiciary that is technically viable. The architecture is also planned to accommodate Brazil’s legal, political, and economic requirements. Notaries are responsible for providing various intermediation services for civil transactions, where their primary role is to be the trusted party capable of guaranteeing the authenticity of these transactions. This type of intermediation is common and demanded in Latin American countries, such as Brazil, which is regulated by a Civil Law judiciary. The lack of adequate technology to meet such legal demands leads to an excess of bureaucracy, dependence on manual document and signature checks, and centralized and face-to-face actions in the physical dependence of the notary. To deal with this scenario, this work presents a blockchain-based solution to make some of the activities performed by notaries automatic, guaranteeing non-modification and adherence to civil laws. Thus, the suggested framework was evaluated in accordance with Brazilian legislation and provides an economic evaluation of the proposed solution. Springer Berlin Heidelberg 2023-02-25 /pmc/articles/PMC9961299/ /pubmed/37360929 http://dx.doi.org/10.1007/s10207-023-00673-3 Text en © The Author(s), under exclusive licence to Springer-Verlag GmbH, DE 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Regular Contribution
Dias Menezes, Leonardo
de Araújo, Luciano Vieira
Nishijima, Marislei
Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience
title Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience
title_full Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience
title_fullStr Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience
title_full_unstemmed Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience
title_short Blockchain and smart contract architecture for notaries services under civil law: a Brazilian experience
title_sort blockchain and smart contract architecture for notaries services under civil law: a brazilian experience
topic Regular Contribution
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9961299/
https://www.ncbi.nlm.nih.gov/pubmed/37360929
http://dx.doi.org/10.1007/s10207-023-00673-3
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