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Tech Talk: Smart Contracts as Legal Contracts

  • Benjamin N. Cardozo School of Law, NYC 55 5th Avenue New York, NY, 10003 United States (map)

Blockchain technology is useful for more than just simply digital currencies like Ether and Bitcoin. Relying on a blockchain, parties can also deploy autonomous smart contract programs, which can be used to model all or parts of formal legal agreements. During this Tech Talk, we'll explore how blockchain technology is being used to increasingly automate legal agreements, issues related to enforceability of smart contracts, machine-to-machine contracting, and whether existing laws like the E-Sign Act, ESRA, and UETA are sufficient to address enforceabiity concerns.