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Insurance And Regulatory Hurdles To Blockchain Adoption

Law360, New York (September 13, 2017, 2:18 PM EDT) -- The blockchain craze is in full swing with diverse companies ranging from financial intuitions to auto manufacturers all seeking to utilize this exciting new technology. Blockchain, a type of distributed ledger technology (DLT), refers to a database that is shared across a network and was originally designed to record transactions of the cryptocurrency bitcoin.[1] Blockchain, however, has grown well beyond its cryptocurrency roots, leading proponents to suggest that the technology can aid in everything from securities settlement to voter registration to supply chain tracking. The excitement...
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