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Tag: blockchain

Soft Legal Code: Tools for Blockchain Smart Contracts

Posted onJanuary 13, 2016October 21, 20162 Comments

The question of law in blockchain-based systems is important and sometimes controversial. Many participants in the virtual currency and blockchain marketplace, from individuals to large banks, agree that top-down regulation would be a crippling mistake. Individuals, decentralized autonomous organizations and Read More …

CategoriesBlogTagsblockchain, smart contracts, UCC, UNIDROIT

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

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

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

Game Theory, Bitcoin and the Matrix of Private Law

Posted onNovember 20, 2015November 21, 2015

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 …

CategoriesBlogTagsattorney, blockchain, consensus, gametheory, smart contract

Devcon1 and Szabo’s Contract Language

Posted onNovember 19, 2015November 22, 2015

Ethereum’s Devcon1 is full of epic speeches, but I like to read. Nick Szabo, wizard computer scientist and legal/economic thinker rumoured to be Bitcoin’s founder Satoshi Nakamoto, followed up his speech with a tweet about Proplets, a way of managing Read More …

CategoriesBlog, NewsTagsblockchain, Devcon1, evolution, Formal Language for Contract Analysis, lawyer, Nick Szabo, Proplets

K&L Gates digests digital currency law

Posted onNovember 18, 2015

K&L Gates’s slideshow about digital currency law hits the high points.

CategoriesBlogTagsblockchain, digital currency, K&L Gates

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