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Smart Contracts in Business Transactions: What Lawyers Need to Know

Content Provider
American Law Institute CLE
Product
CLE
Run Time
64 Minutes
Recording Date
01/19/2024
Presenter(s)
Kari Larsen, Michael Selig
Learning Method
On-Demand Training
Practice Area
Corporate and Business Law, Social Media and Technology, Data Privacy and Cyberlaw
Persona
CLE OnDemand

Price $219.00

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Description

As Web 3.0 continues to rapidly evolve, so does its increased ability to present businesses with the opportunity to use smart contracts to conduct transparent, traceable, and irreversible transactions without the need of intermediaries. Energy, finance, insurance, health care, and supply chain management are only some of the industries incorporating blockchain-based smart contracts into their everyday transactions as hassle-free alternatives to traditional contracts. But does the technology live up to the hype? What are the latest legal implications? With the growing acceptance of smart contracts and blockchain technology, lawyers need to be aware of the legal and regulatory challenges to stay in the vanguard of transactional practice. Join us for this informative 60-minute webcast that covers the use, limitations, and future implications of smart contracts, as well as the interplay between smart contracts and cryptocurrencies, non-fungible tokens, and other digital assets. Topics include: - Current and potential legal implications - Role of lawyers assisting clients with the implementation of smart contracts - Core features, benefits, and growing utilization in transactional contexts - Enforceability of smart contracts - Applications for blockchain and capabilities of shared or distributed ledger technologies - Legal and operational issues pertaining to their implementation

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2024
AlaskaApproved1.00GeneralOn-going
ArizonaApproved1.00GeneralOn-going
ArkansasApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory01/19/2029
ColoradoApproved1.00General12/31/2026
ConnecticutApproved1.00GeneralOn-going
DelawareApproved1.10General01/18/2026
FloridaApproved1.50General10/31/2025
GeorgiaApproved1.00General12/31/2024
HawaiiApproved1.00General01/19/2026
IdahoApproved1.00General01/18/2029
IllinoisApproved1.00General03/12/2026
IndianaApproved1.00General04/18/2025
IowaApproved1.00General01/18/2025
KansasApproved1.00General03/31/2025
KentuckyApproved1.00General06/30/2024
LouisianaApproved1.06General03/12/2025
MaineApproved1.00General05/05/2026
MinnesotaApproved1.00General03/21/2026
MississippiApproved1.10General03/12/2025
MissouriApproved1.30GeneralOn-going
MontanaApproved1.00General01/19/2027
NebraskaApproved1.00General01/18/2026
NevadaApproved1.00General12/31/2027
New HampshireApproved1.10General01/28/2027
New JerseyApproved1.00GeneralOn-going
New MexicoApproved1.10General01/28/2029
New YorkApproved1.00SkillsOn-going
North CarolinaPending State Response0.00
North DakotaApproved1.00General01/19/2027
OhioApproved1.00General12/31/2024
OklahomaApproved1.00General05/19/2025
OregonApproved1.00General01/18/2027
PennsylvaniaApproved1.00General03/12/2026
Puerto RicoPending State Response0.00
Rhode IslandApproved1.00General06/30/2024
South CarolinaApproved1.07General12/31/2024
TennesseeApproved1.07General03/12/2025
TexasApproved1.00General03/02/2025
UtahApproved1.00General12/31/2024
VermontApproved1.00GeneralOn-going
VirginiaApproved1.00General10/31/2024
WashingtonApproved1.00General01/18/2029
West VirginiaApproved1.28GeneralOn-going
WisconsinApproved1.00GeneralOn-going
WyomingApproved1.00General03/12/2025

Speakers