The widely used classical ‘law and technology’ approach targets legal rules as an instrument to focus on the hiccups produced by technology. However, there is a need for the action ‘law+technology’ to call for legal rules to nullify the negative ramifications while maintaining the technology’s benefits. While acknowledging the positive aspects of the technology, the effort here is to reduce the harmful effects of the blockchain by using the rule of law by design framework as a moral aspiration to bring in change in the artifact by answering the central question—can the rule of law shape, guide, and influence the design and implementation of blockchain technology in a legitimate manner? Hence the discussions are not about formulating another thesis on regulating blockchain but more concerned about shaping and guiding the intentionality of the ‘figure,’ that is, the designers, innovators, and stakeholders involved in developing, designing, and implementing the blockchain technology, which can potentially regulate human behavior ‘strongly’ as compared to the law, through code that is commended as a powerful regulator since ‘technology is not particularly suited as a regulatory target’ because ‘it is generally not the technology that is regulated, but rather a socio-technical landscape.’