How dangerous is the EU Smart contracts kill switch in the new proposed Data Act?

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MK Crypto Diaries

Dr. Justine Scerri Herrera

18 episodes

3 days ago

MK Crypto Diaries is a podcast brought to you by MK Fintech Partners Malta Ltd - Your Trusted Legal Node. Built on Solutions. Built on Relationships. Our international presence has expanded with our fully fledged offices in Greece (Athens and Thessaloniki), in Malta (Birkirkara), in Ukraine (Kiev), in the United Arab Emirates (Dubai), Germany (Frankfurt) and in the United Kingdom (London). We believe in maintaining a positive mindset, creating partnerships with a purpose, and always striving for significant outcomes. For more information visit our website: https://mkfintechpartners.com/

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How dangerous is the EU Smart contracts kill switch in the new proposed Data Act? - with Av. Matteo Alessandro

MK Crypto Diaries

37 minutes 40 seconds

2 years ago

How dangerous is the EU Smart contracts kill switch in the new proposed Data Act? - with Av. Matteo Alessandro

In today’s episode, Dr. Scerri Herrera met with Av. Matteo Alessandro - Associate at MK Fintech Partners Malta Ltd.

Throughout the episode, Matteo gave his insight on the Data Act Mandate that was passed back in March 2023. However, many within the Web 3.0 community have raised concerns over this mandate, most notably the kill switch on Smart Contracts.

What is the Data Act mandate on Smart Contracts all about? Will there be any compromisation of decentralisation and security? And are these fears legitimate?