BLOCKCHAIN (R)EVOLUTION – That was the subject of the 3rd Legal Tech Luncheon hosted by
LEGAL ®EVOLUTION – The European LegalTech Expo & Congress and BRANDHOFF OBERMÜLLER PARTNER on March 16, 2017 in Frankfurt.
In attendance were nearly 50 corporate and institutional attorneys, in-house general counsel, tax consultants, IT-experts, legal technology providers, and investors who came to exchange their experience on distributed databases, blockchains, cryptocurrency (e.g. Bitcoin) and smart contracts.
Four blockchain experts gave their insights into the economic potential and legal aspects of these decentralized consensus mechanisms – the so-called "trust machines".
Our Director Dr. Jochen Brandhoff opened the gathering with a presentation on the underlying operating principles of blockchains. An excerpt of his speech can be accessed here. Dr. Brandhoff provided an update on what is planned for LEGAL ®EVOLUTION 2017. The new legal technology and Legal innovation trade show in Frankfurt has signed on additional distinguished speakers such as Nicola Beer, Attorney and Secretary General of the FDP.
Christoph Simmchen gave a general introduction to the legal implications of blockchain technology, while Markus Columbu lectured on the legal loop-holes and risks of the technology’s wide-spread implementation.
In the final presentation, Christian Kahl discussed what influence blockchains will have over the online-marketplace.
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