Smart Contracts: coding the fine print

Global |  Publication |  March, 2016

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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.

Smart contracts excerpt



Contacts

Nick Abrahams
Nick Abrahams
Global Co-leader, Digital Transformation Practice
T: +61 2 9330 8312
nick.abrahams@nortonrosefulbright.com
Victoria Birch
Victoria Birch
Partner
T: +44 20 7444 2124
victoria.birch@nortonrosefulbright.com
Imogen Garner
Imogen Garner
Senior Consultant
T: +44 20 7444 2440
imogen.garner@nortonrosefulbright.com
Sean Murphy
Sean Murphy
Global head of FinTech
T: +44 20 7444 5039
sean.murphy@nortonrosefulbright.com
Jamie Nowak
Jamie Nowak
Partner
T: +49 89 212148 422
jamie.nowak@nortonrosefulbright.com

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