More and more previously unknown cryptocurrencies are taking pride of place in the lives of many people. Recently, legal issues related to cryptocurrencies have become more and more of interest to users, as they increasingly crowd out ordinary money. Contractual Issues The main advantage of blockchain technology, according to many users, is smart contracts. They…
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There will be changes in the law industry. Savage reduction in legal jobs expected due to the emergence of AI. It’s expected that the need for the legal profession will be significantly reduced. All consultations will be taken by artificial intelligence and will be self-service mode. That is why the demand for the work of…
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The UK Jurisdiction Taskforce of LawtechUK, chaired by Sir Geoffrey Vos, Master of the Rolls, has today published its Digital Dispute Resolution Rules designed to enable faster and more cost effective resolutions to legal disputes relating to novel digital technology such as crypto assets, smart contracts, and blockchain applications, and foster confidence amongst businesses in the…
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