Published: 27 February 2020
Smart contracts provide opportunity to increase business value. Yet application leaders must work with general counsel to make dramatic adjustments to these software-coded contracts — for law department operations, legal reasoning and advice, and obligations to partners and governmental entities.
Included in Full Research
- Smart Contracts Are Written in Software Code, Creating a Skills Gap for Lawyers Who Do Not Code and Coders Who Do Not Draft
- Smart Contracts Exist in a Code-Based and Automated Legal Reality, Offering Business Value and Requiring New Business Strategies
- Externally Imposed Adoption of Blockchain and Smart Contracts Is on the Rise, Impacting Business Risk and Value