SMART CONTRACTS & FINANCIAL TECHNOLOGY
(LAWP-4023) - 2 UNITS
A workshop exploring the legal implications of blockchain and distributed ledger technologies, with a focus on cryptocurrencies (Bitcoin), smart contracts and other financial use cases. The class will feature a close exploration of the network and cryptographic features of Bitcoin, the first and most utilized cryptocurrency built on the blockchain. The class will then review blockchain technology more broadly in order to appreciation its suitability (advantages and limitations) for a variety of 'smart contract' use cases, including payments, swaps and other derivatives, and land transfer. A number of biomedical blockchain use cases will also be examined.