United Nations Climate Change
Our aim is to help our clients understand the potential opportunities and challenges that COP25 may have on their business.
Smart Contracts: coding the fine print
Publication | March, 2016
Smart contracts are receiving significant attention from businesses across a broad range of industry sectors, and for good reasons. Smart contracts, when used in conjunction with distributed ledgers and blockchains, have the potential to:
- Deliver costs savings by streamlining back office processes
- Verify identity and certify transactions
- Provide an indelible record of transacting history
- Enable strangers to trade directly with each other without the need for a trusted third party intermediary
- Automate buy, sell and supply transactions on a B2B and B2C basis, including in combination with the internet of things
Our global technology team have created a guide entitled Smart Contracts: coding the fine print to address some of the legal, regulatory and commercial issues relating to smart contracts. The guide also considers the potential impact of smart contracts on various industry sectors, outlines the nature of smart contracts and examines potential obstacles to their uptake.
To discuss any of the issues or request a copy of the guide, please get in touch with us.
Preview
Please download an excerpt from our global Smart Contracts guide.
Recent publications
International focus
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 passed Parliament last week and received royal assent shortly after.
Case notes: Insurance Premium Tax on cross-border M&A insurance: ECJ decision on location of risk
The Court of Justice of the European Union (CJEU) has delivered its decision in A Ltd, a case concerning the location of insured risk, and therefore which jurisdiction can charge IPT, on cross-border M&A insurance policies.
Subscribe and stay up to date with the latest legal news, information and events...