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boardroom Tech-Economic Times June 29, 2026

Who pays when Blockchain fails, ask experts flagging gaps

Who pays when Blockchain fails, ask experts flagging gaps
AI Summary

Unlike conventional digital systems, where responsibility typically rests with a platform operator, data controller or service provider, blockchain-based systems can distribute responsibility across developers, validators, node operators, enterprise users, intermediaries and public authorities. That makes it harder to determine legal responsibility when disputes arise or systems fail.

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