DARPA Blockchain Programs
In September 2017, the Defense Advanced Research Projects Agency (DARPA) approved research into blockchain technology. Since this approval, DARPA researchers have examined multiple different blockchain-based systems.
In September 2017, the Defense Advanced Research Projects Agency (DARPA) approved research into blockchain technology. Since this approval, DARPA researchers have examined multiple different blockchain-based systems.
The advantages of blockchain often become a secondary topic each time prices cycle through a new bubble. Public eyes shift away from the advantages of blockchain and towards the advantages of speculation.
One of the core functions of blockchain is doing away with the need for intermediaries. This, along with the evolution of smart contracts, has led to speculation that there will be no need for lawyers in peer-to-peer transactions. It's almost inevitable that converging blockchain and law will, in some cases, mean that the role of lawyers as intermediaries will be reduced. However, there are also plenty of examples where lawyers themselves can make use of blockchain. Here, we look at various examples of how blockchain can apply to the legal profession.
By ELIZABETH GAIL
Social networking permeates much of our modern day lives. So much so that entire industries and companies have emerged out of nowhere in an effort to cash in on one of man’s most basic necessities – the need to connect.