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