LEGAL STATUS AND ENFORCEABILITY OF SMART CONTRACTS AND DECENTRALIZED AUTONOMOUS ORGANIZATIONS (DAOS) UNDER INDIAN LAW: A COMPREHENSIVE ANALYSIS
This paper is written to evaluate and describe the legality of ‘smart contracts and DAOs. While traditional contracts provide general foundational elements which only fulfills the legal relation criteria. Application of these principles to blockchain based smart contract is very equivocal although, the concept itself provides numerous pros like technological efficiency and self-execution etc. This paper highlights the need to bridge the gap between legal doctrine and code-based execution through the development of legal framework.
Furthermore, it explores the critical position of DAOs, which operate without centralized governance. By analyzing emerging global approaches and regulatory opinions, this paper highlights the essential need of innovation and compliance in this concept.
Sharma, K. & singh, K. D. (2026). Legal Status and Enforceability of Smart Contracts and Decentralized Autonomous Organizations (Daos) under Indian Law: A Comprehensive Analysis. International Journal of Science, Strategic Management and Technology, 02(05). https://doi.org/10.55041/ijsmt.v2i5.027
Sharma, Kunal, and Kunvar singh. "Legal Status and Enforceability of Smart Contracts and Decentralized Autonomous Organizations (Daos) under Indian Law: A Comprehensive Analysis." International Journal of Science, Strategic Management and Technology, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijsmt.v2i5.027.
Sharma, Kunal, and Kunvar singh. "Legal Status and Enforceability of Smart Contracts and Decentralized Autonomous Organizations (Daos) under Indian Law: A Comprehensive Analysis." International Journal of Science, Strategic Management and Technology 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijsmt.v2i5.027.
2 .“Chambefort & Chaudey, 2024; Santana & Albareda, 2022”