Blockchain disrupts transactional accounting

This is why triple-entry accounting works well on blockchains – if something doesn’t add up between two books, there is … Continue reading Blockchain disrupts transactional accounting

“If you don’t know what you’re doing, don’t go into it.” The DAO: An experiment in responsibility

“In one sense, The DAO hearkens to a future of automated rule- enforcement that will take those inevitable human weaknesses out of … Continue reading “If you don’t know what you’re doing, don’t go into it.” The DAO: An experiment in responsibility

Westpac’s chief information officer Dave Curran acknowledges there is lots of hype around the blockchain but says “I don’t think … Continue reading Blockchain ‘smart contracts’ to disrupt lawyers

“But over the long term, the greatest promise is with intricate forms of agent-managed peer-to-peer automation—a highly efficient Internet of … Continue reading Blockchain and smart contract automation: How smart contracts automate digital business

So, no need for lawyers anymore? Not really. In all truth, smart contracts are still the future. Indeed, there are … Continue reading Some very basic stuff on smart contracts and blockchain

A smart contract in itself is not a legally binding contract in that lawyers and other entities do not see … Continue reading BNP Paribas Works With Blockchain Startup to Open Source Law

The state of Delaware is perhaps the most friendly jurisdictions for Bitcoin and blockchain technology in the U.S. Delaware Governor, … Continue reading Delaware to ‘embrace the emerging blockchain and smart contract technology industry,’ with distributed ledger shares

Nick Szabo — a cryptographer, creator of a precursor to Bitcoin called “bit gold” and rumored creator of Bitcoin itself … Continue reading What is a smart contract and what’s it good for?