The Tender For Law

Volume 14

Jun 27, 2016 2:03 AM

Scott Duncan

Yes.

Yes, how SHOULD we. :D

Perhaps the quatlosers might have some input.

Jamie

How Should We Prepare Smart Contracts to Replace Law Firms?

With the recent attack on the Ethereum DAO, it raises the question of how much technical knowledge do individuals and organizations need to know before applying smart contracts to their businesses?

Smart contracts are a wonderful concept and someday the technology should help progress the lives of global citizens. The concept is in its early stages of infancy and people have just begun experimenting with this innovative protocols. Smart contracts will most likely be a vital tool in the next few decades.

However, it will take time for this type of technology to scale, and people need to remember this is a marathon and not a sprint.