Legal News

Examining blockchain in smart contracts

Examining blockchain in smart contracts
Published on: 20 December 2016
Published by: LexisPSL
  • Examining blockchain in smart contracts
  • What is blockchain?
  • How is it applied in smart contracts? Is there a definite definition for a smart contract?
  • What are the main characteristics of smart contracts that make them attractive compared to traditional contracts?
  • What are the current legal challenges in employing smart contracts by organisations?
  • What are the implications of smart contracts for B2B contracts and B2C contracts?
  • In which areas are smart contracts being used widely? Are there any lessons the UK legal market can learn from the approach to smart contracts in other jurisdictions?

Article summary

IP & IT analysis: Smart contracts, an application of blockchain, are a new technology disrupting the legal industry. Richard Kemp, senior partner at Kemp IT Law, provides some insight into the technology and explains the challenges it faces in becoming a legal tool for daily use. or take a trial to read the full analysis.

Popular documents