IBA Reports: Rule of Law Versus Rule of Code: A Blockchain-Driven Legal World

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IBA Disruptive Innovation | Nov 2017

Rule of Law vs Rule of Code:  A Blockchain Driven Legal World

This comprehensive legal paper examines the current and future impact of blockchain on the legal profession and legal services including the challenges and opportunities. The paper describes the technological innovation, business impact and legal treatment to date in order to anticipate how this will affect the legal services sector and policy perspectives on a global scale.

 


Blockchain Technology:  Is it building a brighter future?

The invention of a revolutionary encoding or crytographic technology known as ‘blockchain’ is already central to a significant proportion of business-to-business and business-to-consumer commerce, legal products and processes.

'Ultimately, those firms that are willing to adapt and embrace this technology will be able to provide more effective and efficient services, which may lead to a competitive advantage over those firms who do not evolve.'

 


These times are changing:  Disruptive Innovation and the legal profession

This report seeks to investigate Professor Christensen’s ‘disruptive innovation’ theory as applicable to the legal profession. It provides a brief analysis of various changes occurring within the legal market, their potential consequences for both buyers and sellers of legal services, and the drivers and barriers to innovation.

 

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The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding, alternative finance, fintech, P2P, ICO, and online investing stakeholders across the country. NCFA Canada provides education, research, industry stewardship, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada.  For more information, please visit: www.ncfacanada.org

 

 

 

The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both social and investment crowdfunding, alternative finance, fintech, P2P, ICO, and online investing stakeholders across the country. NCFA Canada provides education, research, industry stewardship, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a strong and vibrant crowdfunding industry in Canada.  For more information, please visit: www.ncfacanada.org

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