Distributed Ledger Technology (DLT) / Blockchain: Aspects of Contract, Consumer and Company Law

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Type and Duration

FFF-Förderprojekt, April 2019 until March 2022


Chair of Company, Foundation and Trust Law

Main Research

Wealth Management

Field of Research

Wealth Planning
Knowledge Work and Knowledge Management
Digital Innovation


Distributed Ledger Technology (DLT) and particularly the Blockchain-Technology are one of the most discussed topics when it comes to digitalization and new technologies. Since developments are advancing rapidly and new business models are being developed continuously, it is particularly important to detect those topics that will continue to be of relevance in the future. In this context, it is essential to identify the issues and trends in order to analyse their compatibility with the current legal framework and to deal with the emerging legal challenges in good time.
The aim of this project is to identify the most relevant possibilities of application and potential legal consequences and risks emerging from these applications. The main focus will be on Liechtenstein contract, consumer and company law, as in these areas frictions with applicable law are most likely to be expected. The neighbouring jurisdictions are also included in the considerations.


Private law, Commercial law, Blockchain


  • Forschungsförderungsfonds der Universität Liechtenstein


  • Layr, A. (2020). Tokenization of Assets: Security Tokens in Liechtenstein and Switzerland. Spektrum des Wirtschaftsrechts, 121-132.

  • Schurr, F. (2019). Anbahnung, Abschluss und Durchführung von Smart Contracts im Rechtsvergleich. Zeitschrift für Vergleichende Rechtswissenschaft(3), 257-284.

  • Layr, A., & Marxer, M. (2019). Rechtsnatur und Übertragung von "Token" aus liechtensteinischer Perspektive. Liechtensteinische Juristen-Zeitung(1), 11-19.

  • Schurr, F., & Layr, A. (2020). Il Fintech nell'ordinamento del Principato del Liechtenstein. In M. Cian & C. Sandei (Eds.), Diritto del Fintech (pp. 583-599). Milano, Italy: Wolters Kluwer.

  • Layr, A. (2019). Tokenization of Assets: Security Tokens in Liechtenstein and Switzerland. Presented at the Corporate Strategy and Governance in the Digital Age, Università degli Studi di Milano.

  • Schurr, F. (2019, October 21). Liechtenstein's New Blockchain Act from a Comparative Perspective. CFRED’s 8th LegalTech Seminar, The Chinese University of Hong Kong.

  • Schurr, F. (2019, November 14). Neue Tendenzen im Stiftungsrecht - Rechtsvergleichende Überlegungen am Beispiel von Krypto-Stiftungen und Private Trust Foundations. 12. Liechtensteinischer Stiftungsrechtstag, Universität Liechtenstein, Vaduz.