Publication
Essential Corporate News – Week ending May 13, 2022
The Queen’s Speech was delivered on May 10, 2022 and it sets out the programme of legislation that the Government intend to pursue in the forthcoming parliamentary session.
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.
Contacts
Global Co-leader, Digital Transformation Practice
Recent publications
Subscribe and stay up to date with the latest legal news, information and events...