Legal tech developments and smarter contracts

There’s an interesting speech by Sir Geoffrey Vos (Master of the Rolls) which he gave recently at the launch of LawtechUK’s Smarter Contracts report. It’s all part of Lawtech UK’s necessary drive to counter the idea that blockchain and associated tech (smart contracts, crypto currencies, DAOs) are niche technology limited to a small number of individuals.

The report itself is even more interesting. It’s long but readable and highlights amongst other things how “smarter contracts” (i.e. digital as opposed to Microsoft Word and PDF) are currently being used.

As to the progress of these technologies, President Biden issued an executive order on 9 March 2022 both acknowledging and highlighting their importance.

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Mark

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