The Trust Machine: The Technology Behind Bitcoin Could Transform How the Economy Works (via The Economist)

Screen Shot 2015-10-30 at 8.43.57 AMWe offer some initial conversation of the application of Blockchain to legal services in our deck called Fin(Legal)Tech.  Obvious starting points for the blockchain in law include – real estate transactions, smart contracting, asset verification and the enforcement of judgements,  financial services regulatory work (such as we have discussed in our paper on resolution planning), etc.  These ideas (together with other related and important technological developments) extend to large segments of transactional / regulatory  legal space.  The goal is to reduce needless friction – which is endemic to most processes ( and legal centered processes are particularly bad).