The Commodity Futures Trading Commission (“CFTC”) recently published a detailed primer on smart contracts. The Primer discusses their functionality, use cases, regulatory environment and potential risks.
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Smart Contracts
Senate Banking Committee Explores Blockchain
By Scott H. Kimpel on
On October 11, 2018, the Senate Banking Committee held a wide-ranging hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem.” The hearing featured testimony from Dr. Nouriel Roubini, an NYU professor who famously predicted the 2007-2008 financial crisis, as well as a counterpoint from Mr. Peter Van Valkenburgh, the Director of Research from Coin Center.
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The Promise of Blockchain Technology in Annual Meetings and Corporate Governance
By Scott H. Kimpel & Christopher Adcock on
Posted in Cryptocurrencies, Smart Contracts
For many public companies, the annual meeting voting process is littered with intermediaries and inefficiencies that can result in a lack of shareholder engagement. Blockchain technology has several potential applications that can remedy these inefficiencies and restore shareholder trust and engagement.
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The State of Smart Contract Legislation
By Scott H. Kimpel & Christopher Adcock on
Posted in Smart Contracts
Recently, several states have passed legislation allowing the use of smart contracts and blockchain technology in various commercial contexts.
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Welcome
By Scott H. Kimpel on
Enterprises around the world are actively implementing a wide variety of blockchain solutions to improve efficiencies, enhance user experiences and lower transaction costs. But the private sector’s development of distributed ledger technology is often outpacing the legal and regulatory regimes that impact it. In the United States, numerous regulators have asserted jurisdiction over blockchain…
Blockchain’s Impact on the Retail Sector Is Growing
By Scott H. Kimpel & Mayme Beth Donohue on
Blockchain’s impact is often misunderstood as narrowly affecting the financial sector. We discuss with Law360 why “retail and consumer products companies can no longer afford to ignore blockchain as a passing trend.”