Guest Post By Dusknetwork: The Eu’s Data Act

This article examines the potential introduction of a kill switch and pause functionality in smart contracts proposed in the European Union’s Data Act. It looks at the potential benefits and drawbacks of such features, as well as alternative solutions that could be more appropriate. It also considers the question of who should have control over such features, and the implications of the three main options: single user control, multi-signature control, and decentralized autonomous organizations.