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News Explorer — EU Data Act Requires Kill Switch for Smart Contracts

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Mar 27, 10:26 am

Coindesk

EU Data Act Requires Kill Switch for Smart Contracts

The European Union's Data Act, revised by the bloc's member states on Monday, requires smart contracts to contain a kill switch. The Council and the Parliament have both favored the text, but the final wording must be negotiated between the two. Concerns have been raised in the blockchain community as the proposed legislation could undermine automated and unalterable programs.

The European Union's Data Act, revised by the bloc's member states on Monday, requires smart contracts to contain a kill switch. The Council and the Parliament have both favored the text, but the final wording must be negotiated between the two. Concerns have been raised in the blockchain community as the proposed legislation could undermine automated and unalterable programs.

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