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  6. Legal Aspects of the Management of Crypt ...

Journal of Security and Sustainability Issues

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Legal Aspects of the Management of Cryptocurrency Assets in the National Security System
Volume 10, Issue 1 (2020), pp. 235–247
Ali Jabbar Saleh   Farouq Ahmad Faleh Alazzam   Khaled Khalaf Abed Rabbo Aldrou   Zhanna Zavalna  

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https://doi.org/10.9770/jssi.2020.10.1(17)
Pub. online: 30 September 2020      Type: Article      Open accessOpen Access

Published
30 September 2020

Abstract

Information technology is already widely used in inheritance legal relations. The most typical examples of their application are the preparation of a will with the use of technical means, the fixing of a will certificate with the help of technical means, a notary’s appeal to electronic registers in the process of searching for a property, and maintaining the inheritance register. However, it can be stated that the existing technologies are not sufficiently involved in the relations on the compilation, certification, and implementation of the will, which is explained by the tough mandatory regime established for the form of the will. The implementation of the electronic will institution and the expansion of the secret will regime are promising areas of scientific and legislative work in this area. Given the civil law nature of both the rights to individual IT objects and the obligations, which arise from such objects, the issues of inheritance of such objects should remain within the general permissive legal regime. The user should be able to independently decide the fate of their own assets in a virtual environment. Increasing the economic and social value of such assets makes it impossible to find them outside the legal field and therefore should establish a legal regime for their inheritance. It is these factors that affect the national security of countries.

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Keywords
security information technology digital objects virtual objects cryptocurrency assets digital will

JEL
F35 F42

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Generolo Jono Žemaičio Lietuvos karo akademija Šilo g. 5A., LT-10322 Vilnius, el.p: lka@mil.lt

General Jonas Žemaitis Military Academy of Lithuania  Šilo Str. 5A, LT-10322 Vilnius, Lithuania, e-mail: lka@mil.lt

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