Credit: fotomek/stock.adobe.com 'Everything Of Value Can Be Tokenized': Predicting the Blockchain's Impact on Contracts, Legal Documents
While blockchain technology may transform documents and contracts in the legal market through tokenizing them, such an evolution won't come without some significant challenges, according to a panel at the ABA Techshow 2022.
March 07, 2022 at 12:01 PM
4 minute read
Similar to how Bitcoin plucked out its financial middlemen a decade ago, blockchain technology may do the same for e-discovery and contract analysis, possibly paving the way for a future of peer-to-peer transfer of information without reliance on central intermediaries.
At the 2022 ABA Techshow panel "A Crystal Ball: Peering into the future of blockchain in legal," co-founder and CEO of WOW Legal Experience, Karol Andrea Valencia Jean, and the CEO of blockchain technology company Integra Ledger, David Fisher, discussed their projections for how blockchain technology will transform contracts and documents, and the potential issues that will inevitably arise in the coming years.
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