Due to the nascent status of the technology, legal frameworks and specific laws are yet to be designed and enacted. As a consequence of the physically distributed nature of blockchain networks, sometimes across national borders, the applicable laws and regulations differ for each node (West, 2018). Due to the immutable nature of decentralised registries, and the capability to transfer value by virtue of digital transactions approved by a consensus algorithm, many open questions remain in areas like service level and performance, liability, intellectual property, data privacy, and compliance.