4 Ways Bitcoin's Tech May Soon Change Lawyers' Lives
Law360, New York (February 10, 2016, 8:29 PM EST) -- Blockchain, perhaps better known as the technology behind bitcoin, is being heralded as the latest game-changer for the legal industry.
From creating so-called smart contracts that automatically execute payments to validating ownership information, blockchain technology promises to change the ways lawyers do deals — and to open up a whole new avenue of contract litigation.
While the technology is still new to the scene, here are four points that lawyers should know about the latest advancements and what this burgeoning area may have in store for the industry at large.
It Will Change Deal-Making and Document Recording
Blockchain technology, generally speaking, is...
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