BLOCKCHAIN AND DIGITALIZATION OF CIVIL LAW: AN ANALYSIS IN POLAND AND KAZAKHSTAN
https://doi.org/10.47649/vau.24.v75.i4.31
Abstract
This article analyzes the adoption of blockchain technology in Kazakhstan, focusing on its application in public administration, real estate registration, and the financial sector. The primary objective is to compare Kazakhstan’s progress with Poland's more developed blockchain landscape, identifying key challenges and opportunities. The research employs general scientific methods, including analysis, synthesis, and comparison, to evaluate the current regulatory framework in Kazakhstan. The study identifies several obstacles, such as the underdeveloped legal infrastructure, lack of technical expertise, and significant implementation costs. Despite these challenges, blockchain presents substantial potential to improve transparency and reduce fraud. The research highlights the need for legal reforms and international cooperation to support blockchain integration. The findings emphasize that Kazakhstan's digital transformation efforts can benefit significantly from Poland's adoption of best practices, particularly in establishing a supportive regulatory environment. The article concludes that while progress has been made, Kazakhstan must invest strategically in legal reforms and professional training to leverage blockchain’s potential in the coming years fully.
About the Authors
N. NusipzhanovKazakhstan
Nurlybek Nusipzhanov – corresponding author, master of Law, Doctoral student of the Department of “Jurisprudence and International Law”
Almaty, 050013
E. Juchnevicius
Poland
Edvardas Juchnevicius – Doctor of Legal Science, professor of Department of “Financial Law”, Faculty of Law and Administration
Gdansk, 80-309
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Review
For citations:
Nusipzhanov N., Juchnevicius E. BLOCKCHAIN AND DIGITALIZATION OF CIVIL LAW: AN ANALYSIS IN POLAND AND KAZAKHSTAN. Bulletin of the Khalel Dosmukhamedov Atyrau University. 2024;75(4):360-368. https://doi.org/10.47649/vau.24.v75.i4.31