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North Carolina = great place for Bitcoin startup

Posted onDecember 15, 2015December 16, 2015

From Bravenewcoin.com, an article about how North Carolina (my home state) is a fabulous place to start a Bitcoin business, and how it’s setting its sights on serving the crypto industry.

CategoriesBlog, NewsTagsbitcoin, bitcoin north carolina, cryptoNC

Blockchain data as evidence?

Posted onDecember 15, 2015December 15, 20152 Comments

I spent four hours waiting in a rural courthouse today, watching cases that gave me a lot of food for thought about using blockchain data in administration of civil justice. One question is how to treat blockchain data as evidence. Read More …

CategoriesBlogTagsblockchain, evidence

“Super” contracts: unlocking the power of smart contracts

Posted onDecember 13, 2015December 13, 2015

“Smart” contracts built on blockchain technology are in their infancy, but they will grow up to be “super” contracts that redefine commerce. Smart contracts are computer programs that self-execute terms according to whether conditions programmed into the contract are met. Read More …

CategoriesBlogTagsblockchain, law, smart contracts, super contracts

NC Bank Comm’r: some Bitcoin business not regulated under money transmitters act

Posted onDecember 10, 2015December 10, 2015

In a reversal of position from of legislation considered last term, the North Carolina Commissioner of Banks updated its FAQ page today to clarify that certain businesses dealing in virtual currencies, including miners, are not covered under the Money Transmitters Read More …

CategoriesBlog, NewsTagsbitcoin, bitcoin north carolina, bitcoin regulation

Smart Contracts and the UCC #2: Secured Transactions

Posted onDecember 9, 2015December 11, 20152 Comments

Article 9 of the Uniform Commercial Code describes the rules for transactions where collateral is pledged as security for a debt. Article 9 covers any kind of property that may be given as collateral other than real property. This is Read More …

CategoriesBlogTagsbitcoin, blockchain, fintech, Secured Transactions, smart contracts, UCC

Series: Smart Contracts and the UCC #1

Posted onDecember 6, 2015December 17, 2015

Smart contracts have the potential to touch a dizzying number of areas that have well-developed rules of law. Predictable and reliable commercial laws allow people to limit risk in business so that they may focus their energy on growth of Read More …

CategoriesBlog

Bitcoin: a regulator’s perspective from Jersey

Posted onDecember 3, 2015December 3, 20152 Comments

Channel island Jersey is in the process of drafting regulation for virtual currencies to provide user protection and security while promoting business development in virtual currency markets. The Chief Minister’s consultation paper is a thorough discussion of policy issues in Read More …

CategoriesBlogTagsbitcoin regulation, Jersey

Practical collaborative law on the blockchain

Posted onDecember 1, 2015December 1, 2015

As I watch folks wrangle with the nature of cryptolegal space, my biggest clients are already starting to use blockchain fintech. I got referrals of blockchain stored contracts last month at my office. We need practical skills now, and the Read More …

CategoriesBlogTagsbitcoin, blockchain, collaborative law, cryptolaw, digital currency

Consensys Ethereum Tutorial

Posted onNovember 29, 2015November 29, 2015

Ethereum is gaining momentum and blossoming with tutorials on how to make useful projects. The models are getting easier to use for noobs like me. I like this one from Consensys: A 101 Noob Intro to Programming Smart Contracts on Read More …

CategoriesBlogTagsbitcoin, blockchain, cryptocurrency, Ethereum tutorial, smart contracts

Stitches in Time: Why the Blockchain Needs (a few) More Lawyers

Posted onNovember 28, 2015December 3, 2015

  Blockchain and law: inevitable bedfellows One of the promised boons of blockchain technology is elimination of lawyers and other middlemen in commerce, but for seminal blockchain creators, law is as important a facet of distributed ledger as the value Read More …

CategoriesBlogTagsbitcoin, blockchain, commonaccord, distributed ledger, lawyers, primavera, szabo

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