Blockchain’s legal challenges discussed at upcoming Summit

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Almost a decade after it was first invented, blockchain is slowly making its way into everyday transactions, as big businesses such as Microsoft start accepting virtual currency payments.

But there is still very little law regulating cryptocurrencies in Australia.

What happens when disputes and issues arise?

In his session at the Legal Tech Summit, Michael Bacina, Partner at Piper Alderman, will update attendees on the latest developments in blockchain:            

  • Explore real life use cases of blockchain and smart contracts
  • How will law firms be leveraging blockchain and smart contract technology over the next five years?
  • Is blockchain cryptography reliable and secure, and how vulnerable is it to hacking?
  • Do smart contracts have questionable legal status? If they are unstoppable, what happens if a smart contract becomes void?

There will also be sessions on collaboration in tech, leading through disruption and cyber security. Plus a ‘live’ hack to demonstrate the vulnerabilities in law firm systems. More information about the program can be found online and registrations are now open. Go to http://legaltechsummit.com.au/.

Australasian Lawyer readers are encouraged to register now as seats are limited. Tech Talk sessions – practical guides on implementing technology - are also available at a budget-friendly price of $145.

The Legal Tech Summit will be held at the Westin Sydney on Wednesday 31 October.