The Evolution of Law in the Digital Age
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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 …
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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 …
“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 …
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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 …
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 …
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 …
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 …
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 …
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 …
K&L Gates’s slideshow about digital currency law hits the high points.