Alexandra Sims | |
---|---|
Academic background | |
Alma mater | Macquarie University |
Thesis | |
Doctoral advisor | Yvette Blount, John Selby, Kay-Wah Chan |
Academic work | |
Institutions | University of Auckland |
Alexandra Sims is a New Zealand legal academic,and is a full professor at the University of Auckland,specialising in consumer law and intellectual property law,especially blockchain,cryptocurrencies and digital technologies.
Sims was educated at a Steiner school,the Michael Park School in Auckland. [1] After failing to get into university,she spent two years in London,and returned to complete a law degree at the University of Otago,followed by a Master of Commercial Law from the University of Auckland. [2] She completed a PhD titled Decentralised autonomous organisations:governance,dispute resolution and regulation at Macquarie University in 2021. [3] [4] Sims joined the faculty of the University of Auckland in 2000,rising to full professor in 2024. [1]
Sims's research initially focused on intellectual property law and consumer law. She has studied the unfair contract terms in New Zealand,and how these did not increase after the introduction of the unfair contacts term law,because there was no mechanism for dealing with contracts entered into with unfair terms. [1] Sims more recently became interested in a third area of research,covering blockchain,cryptocurrencies,smart contracts and digital technologies. [1] [5] [2] Her PhD was about Decentralised Autonomous Organisations. [1] [6] Sims is an associate of the University College London's Centre for Blockchain Technologies. [7] Sims a member of the Executive Council of BlockchainNZ,and represented New Zealand on the OECD's Blockchain Expert Policy Advisory Board. [7] She has appeared as a technology commentator for RadioNZ. [5]
A decentralized autonomous organization (DAO), sometimes called a decentralized autonomous corporation (DAC), is an organization managed in whole or in part by decentralized computer program, with voting and finances handled through a blockchain. In general terms, DAOs are member-owned communities without centralized leadership. The precise legal status of this type of business organization is unclear.
A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Since each block contains information about the previous block, they effectively form a chain, with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
A decentralised application is an application that can operate autonomously, typically through the use of smart contracts, that run on a decentralized computing, blockchain or other distributed ledger system. Like traditional applications, DApps provide some function or utility to its users. However, unlike traditional applications, DApps operate without human intervention and are not owned by any one entity, rather DApps distribute tokens that represent ownership. These tokens are distributed according to a programmed algorithm to the users of the system, diluting ownership and control of the DApp. Without any one entity controlling the system, the application is therefore decentralised.
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