Blockchain ‘smart contracts’ to disrupt lawyers

Westpac’s chief information officer Dave Curran acknowledges there is lots of hype around the blockchain but says “I don’t think it is over-hype”.

“There is serious, high potential in blockchain and we should be playing with it. It has my attention.”

“Blockchain feels a bit like like Napster did, but just when we were thinking about how that was going to work, iTunes turned up and the world changed. Blockchain might best be applied outside the finance space, but if I’m wrong, I don’t want to miss it.”

via afr.com http://ow.ly/U63s300Z1Gv