Validity And Effectiveness Of “Smart Wills” Through Blockchain Technology

Authors

  • Lucas Salles Moreira Rocha Faculdade Milton Campos
  • Frederico Félix Gomes Faculdade Milton Campos
  • Tereza Cristina Monteiro Mafra Faculdade Milton Campos

DOI:

https://doi.org/10.5433/2178-8189.2019v23n1p63

Keywords:

Blockchain. Smart contracts. Private wills.

Abstract

The scope of this article is to analyze the legal validity
and effectiveness of “smart wills”, also known as “cryptowills”,
which can be understood as automatics or self-executables
wills made possible through blockchain technology. Through
exploratory and analytical-dogmatic methods, this article implies
the possibility of realizing “intelligent wills” in Brazil, by the
use of this innovative technology. First, this paper analyzes the blockchain technology, its different applications, its structure as a distributed computer network and how it works, focusing on smart contracts. After, it is reviewed the Brazilian legislation regarding testaments, mainly private testaments, its characteristics, peculiarities and the reasons why this kind of testaments are not often used nowadays. Finally, this article seeks do demonstrate how blockchain technology may help to make these testaments more trustworthy and self-executables, without disregard the technical difficulties to be overcome.

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Author Biographies

Lucas Salles Moreira Rocha, Faculdade Milton Campos

Mestre em Direito pela Faculdade de Direito Milton Campos (FDMC), pós-graduado em Direito Corporativo pelo Instituto Brasileiro de Mercado de Capitais (IBMEC-MG). Professor da Faculdade de Direito Milton Campos (FDMC), Belo Horizonte, Minas Gerais, Brasil

Frederico Félix Gomes, Faculdade Milton Campos

Mestre em Direito Empresarial pela Faculdade de Direito Milton Campos (MG). Master of Laws (LL.M) em Propriedade Intelectual pela Santa Clara University (Califórnia/EUA). Pós-graduado em Direito e Tecnologia da Informação pela FGV. Bacharel em Direito pela Faculdade Milton Campos.

Tereza Cristina Monteiro Mafra, Faculdade Milton Campos

Mestre e Doutora em Direito Civil pela Universidade Federal de Minas Gerais – UFMG. Professora da Faculdade de Direito Milton Campos, Belo Horizonte, Minas Gerais, Brasil

Published

2019-03-29

How to Cite

Rocha, L. S. M., Gomes, F. F., & Mafra, T. C. M. (2019). Validity And Effectiveness Of “Smart Wills” Through Blockchain Technology. Scientia Iuris, 23(1), 63–80. https://doi.org/10.5433/2178-8189.2019v23n1p63

Issue

Section

Artigos