Program Details
On Demand

BLOCKCHAIN BASICS 2019 - Blockchain and Smart Contracts



Content Partner:  Financial Poise
Price: $175.00*
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Description: Blockchain is a tool. Samson Williams likens blockchain to a group text message, in which each participant receives a distributed, time-stamped, tamper-resistant (and encrypted) record of data transactions. Each group text has these characteristics. Everyone in the group “sees” the data, and none can change or gainsay any group message. Smart contracts are computer code put on the blockchain (how, exactly?) that establishes self-executing terms and conditions of a transaction. Are smart contracts smart? If certain data comes in and fulfills a pre-set term or condition, then rights and responsibilities are formed, terminated, modified, or shifted among the parties. Ah certainty and transparency, but also ah garbage in and garbage out. Are some contractual terms not amenable to smart contracting? And are smart contracts necessarily contracts? If not, can they still be useful? If a smart contract is a contract, what is the governing document? Is it the words business people and lawyers use, or is it the code that is supposed to reflect the words?

This webinar is delivered in Plain English, understandable to you even if you do not have a background in the subject. It brings you into an engaging, even sometimes humorous, conversation designed to
entertain as it teaches. And, it is specifically designed to be viewed as a stand-alone webinar, meaning that you do not have to view the other webinars in the series to get a lot out of it.



Practice Areas: Business Organizations & Contracts, Contracts, Information Technology Law & E-Commerce
Online Media Type: Audio
Production Date: 08/23/2019
Level: Basic
Category: Standard
Duration: 1 Hours, 0 Minutes
Online Format: On Demand

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Speakers:
Christopher Cahill - Lowis & Gellen LLP
Nelson Rosario - Marshall, Gerstein & Borun LLP
John Servido - Goodwin Procter LLP, Silicon Valley
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.


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