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smart contracts and consumer rights enforcement this sounds like two very distinct topics there will be not so many consumers out there who are familiar with blockchain or cryptocurrencies so what is behind this idea maybe smart contracts can solve a problem with consumer rights that has bothered us throughout the last years if not decades what is the number one problem with consumer rights the European Union has built a large pile of consumer legislation throughout the last two decades what we now have is a shifting of the burden of proof towards businesses we have heavy information duties for businesses and we have consumer rights consumers are often entitled to a certain compensation or they can withdraw from a contract for a certain period of time but the thing is even though consumers do have a lot of rights most of them dont make use of these rights so theres a huge difference between being right and getting right this means at the same time there is quite an incentive for busi