The cryptocurrency revolution is still evolving, and with that come some teething problems. This is certainly true of legal compliance. For the ultimate reference guide, get Dr. Steven A. Wright’s Blockchains, Smart Contracts, and the Law.
Using blockchain for your business? Need some guidance on the legal implications of smart contracts?
Get yourself a copy of Dr. Steven A. Wright's Blockchains, Smart Contracts and the Law – a book that explores the legal complexities of blockchain technology. More details at https://www.drstevenawright.com/?s=Blockchain&submit=Search
The book introduces you to the ever-broadening scope of blockchain applications, the underlying technology, and recent legal developments in the crypto space. The publication teaches you critical thinking skills and problem-solving approaches needed to understand the legal implications of technological innovation.
If you have already adopted, or hope to adopt, blockchain technology, you'll find much in the book to maintain compliance in the realm of cryptocurrency. For example, while smart contracts have the potential to increase the use of cross-border transactions, potentially reducing costs and the need for middlemen, each country has its own laws and regulations which has complex implications for global compliance.
There are also challenges regarding immutability. Smart contracts have the terms of an agreement written directly into code which can improve accuracy and efficiency in terms of transactions. However, making amendments and challenging the terms is extremely difficult.
Regarding privacy, the book highlights how smart contract execution is publicly visible, allowing anyone to inspect the data. This has implications for a variety of industries, particularly if you work in healthcare or legal services. Wright discusses these challenges alongside some potential solutions in his book.
If you're a lawyer, Blockchains, Smart Contracts, and the Law will also be of help to you and your practice. Decentralized technology poses serious challenges to the traditional, government-based notions of jurisdiction and, as a result, presents a set of unfamiliar problems to legal professionals. Wright discusses concepts of blockchain justice and how they relate to token assets such as money, securities, and property as well as decentralized autonomous organizations.
Speaking about the book, Charles N. Bowen – the founder of Legal Path LLC and Adjunct Professor at Georgia State University College of Law – says, “For a highly readable and reliable roadmap to the blockchain universe you won’t find a better guide than Steven Wright, whose lens captures the scope and details of this world from the heights of the monetary system and tokenomics to the inner workings of bitcoin mining, synthetic derivatives, hash functions and more. I’ll be keeping this encyclopedic work not just in my library for interesting reading, but by my desk as an indispensable guide to this rapidly evolving landscape.”
Order your copy today!
For more info, go to https://bit.ly/41H2rMm
