Notarial Protection of Digital Rights of Corporate Participants

Abstract

The paper is devoted to the study of methods for notarial protection of digital rights of corporate participants. The work examines the concept and types of digital rights, possible transactions that can be concluded at the external corporate level with digital assets, including cryptocurrencies and tokens, and assesses the legal regulation of the circulation of NFTs. The paper examines the risks of concluding smart contracts to which organizations are parties, and also evaluates their security and warranty, and examines the prospects for attracting a third-party arbitrator in the person of a notary in order to protect the rights and legitimate interests of the parties. The notary has long established itself as an effective mechanism for extrajudicial protection and protection of the rights of citizens and legal entities, and the presence of notaries’ own electronic infrastructure and a multi-level liability insurance system allows us to consider the notarial form of protection as an effective means of maintaining a balance of interests and the legality of concluded transactions. The issue of protecting digital rights is rapidly attracting more and more attention in civil science. The implementation of smart contracts on the Internet has revealed a number of problems, such as the impossibility of making changes to the concluded agreement and the influence of vice of will on the entire chain of relationships arising in blockchain technology. In terms of corporate participation in digital transactions, there are also many questions raised regarding verifying that the representative is properly authorized to enter into a transaction and that all procedures for approving the transaction and notifying interested parties have been followed. Since digital assets are classified as property, they are subject to civil law consequences related to this category of objects of civil rights.