The risks and potential significant losses tied to blockchains can be lost in the hype of large companies deploying smart contracts, cryptocurrencies and other blockchain-powered programs. However, as companies leverage blockchain for valuable work, more are auditing those platforms to detect any coding errors that could lead to losses, lawyers contacted by Legaltech News said.

But they aren’t turning to their lawyers for that service. Instead, they look to third-party technology vendors.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]