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data act – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 10 Nov 2023 01:37:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png data act – DIGIT INFO https://www.digit.info 32 32 EU backs Data Act with clause to shut off smart contracts https://www.digit.info/eu-backs-data-act-with-clause-to-shut-off-smart-contracts/ Fri, 10 Nov 2023 01:37:30 +0000 https://www.digit.info/2023/11/10/eu-backs-data-act-with-clause-to-shut-off-smart-contracts/

The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.

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]]> EU Data Act Proposes Shutdown Function for Smart Contracts https://www.digit.info/eu-data-act-proposes-shutdown-function-for-smart-contracts/ Wed, 02 Mar 2022 13:00:59 +0000 https://www.digit.info/2022/03/02/eu-data-act-proposes-shutdown-function-for-smart-contracts/ Read more]]> data actThe European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function to stop the […]

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