“The Federal Reserve Bank of Boston is collaborating with researchers at the Massachusetts Institute of Technology in a multiyear effort to build and test a hypothetical digital currency oriented to central bank uses.” #FedCoin See Full Comments Here.
Meanwhile Goldman suggests it all might be going to zero or better stated “most cryptocurrencies will ultimately fall to zero as current iterations are ‘too primitive’ to be viable in the long term.” There is merit to the Goldman view – I would say the question to focus upon is what is actually going to persist here -for us the key is probably helping incumbents learn how to incorporate crypto tech into their respective business models.
Blockchain, Crypto Infrastructure and the Transaction Cost View of Economic History — This is a course module available on BlockchainLawClass.com (check back for more over the coming weeks)
(Website is now live … still in beta … content to be added each week)
Excited that our paper was highlighted on the Augur Weekly Development Update – It is about #SCOTUS as a use case but the formalization is in the general form – with implications for #Crypto #Oracles #Crowdsourcing
Next semester – I am looking forward to teaching Blockchain, Cryptocurrency + Law with CK alum Nelson Rosario – there is real demand for this class among our students – the class was full before registration was even complete — we have 50 students taking the class and had to turn away a number of students … #LegalTech #Blockchain #LegalInnovation #Hashtag