An Analysis of the Property Rights Certificate Attribute of Smart Contracts:A Case Study of NFT Smart Contracts
The legal attributes of smart contracts remains undetermined.Although there is the word"contract"in its name,it does not necessarily imply a contract in the legal sense.As a technology within blockchain,smart contracts have different legal forms,and their legal attributes should be determined based on the objects they serve.Among its various legal forms,the attrib-ute of property rights certificate of smart contracts is often overlooked.This property rights certifi-cate attribute is typically reflected in NFT products.NFTs,as non-fungible tokens,are more often protected from the perspective of intellectual property,while their characteristics as irre-placeable and scarce properties are frequently ignored.The NFT smart contract,as the technical carrier of NFTs,should establish its attribute as a property rights certificate,thereby providing legal protection for NFTs from both property and intellectual property perspectives.
NFTsmart contractsthe property rights certificate attributeintellectual prop-erty