The Evolution of Law in the Digital Age
Smart contract leases are an important use case for distributed ledger, blockchain and internet-of-things business. It’s important that companies considering leases in blockchain commerce understand the legal context of their use cases so that in the event of a smart Read More …
Virtual currency is a high-profile iteration of blockchain technology, but the strength of the technology lies in the data and relationships created in blockchain systems. The reason it is possible to integrate cryptography and decentralization into a currency is because Read More …
Earlier this year I wrote a method for teaching legal analysis by repurposing a law school writing rubric to be a reflexive, Watson-like learning algorithm. The response from law professors tended to be “interesting, but so progressive it’s scary.” The Read More …
Scratch is a program created by MIT in order to teach coding to children, but Scratch’s drag-and-click model translates well to many applications — my kids use a Scratch-inspired music production program. Etherscripter, an Ethereum smart contracts program, works a Read More …
The market still needs legal expertise, even as it tries to phase out a layer of legal expense. Bloomberg’s Big Law Business underscores the need for more lawyers to come up to speed in technology.
Selachii, a London-based law firm, announced a venture with Stash to create self-executing blockchain contracts to meet the needs of big bank clients. Story courtesy Coindesk.
“Smart contracts” — the term used for agreements coded into blockchain technology — is a misnomer, not because the agreements aren’t smart, but because most of them aren’t contracts. Most transactional “smart contracts” are quasi, or implied contracts, lacking the elements of Read More …