Blockchain
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FinTech
In the Realm of Bitcoin, Exercise Caution: The rules are still evolving in this brave new digital world
During 2017, the realm of bitcoin, the blockchain, cryptocurrencies and distributed ledger technology (DLT) has been expanding at a rapid pace. All signs point to the continuation of this phenomenon. The implications for the legal community, and corporate law departments in particular, are enormous...
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Smart Contracts Are Having Their Moment: Named in the 1990s, they took 15 years to arrive
Consider a situation where a product is covered under manifold patents held by multiple third-party patent holders. Imagine the time and costs of, among others, monitoring sales and royalty payments. Now imagine a technology that could (1) ensure that every time a sale is made, royalty payments are...
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Blockchain Promises Broad Solutions: Development and adaptation of the technology to new industries are speeding ahead
In recent months we’ve witnessed an explosion of legal and regulatory developments involving blockchain and distributed ledger technology.[1] Such diverse authorities as the Commodity Futures Trading Commission (CFTC), the U.S. Department of State and the Cook County (Illinois) Recorder of...
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