Interest in blockchain has grown dramatically, with a rapid increase in investment and engagement. Over the course of 2017, numerous companies in financial, automotive, health, insurance, real estate, retail, and other sectors have developed sophisticated proof-of-concepts and some are on the path to significant production deployments.
Despite the increasing attention to blockchain, the topic remains novel for many business lawyers. As companies begin to explore blockchain, however, it is increasingly important for lawyers to be able to spot the right issues and ask the right questions. In light of this, our goal is to introduce blockchain in simple terms, provide example use cases, and highlight some of the most pressing legal issues.
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