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13 February 2019 / Jeffrey Catanzaro
Issue: 7828 / Categories: Features , Profession , Technology
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Blockchain: under lock & key?

It’s not a question of if but when this new technology will start to transform law firms, so the time to prepare is now, says Jeffrey Catanzaro

Blockchain has the power to revolutionise so many sectors in so many ways, and it is likely we will continue to read more and more about this technology and its practical applications in 2019.

For example, blockchain is being used to track the provenance of food, to ensure it is what it says on the label: the technology can prove an onion has been grown organically, or that a piece of fish used in your sushi is sustainable. In the financial world, blockchain has the potential to be a gamechanger by creating more secure transactions, and it also forms the basis for cryptocurrencies. The music industry is using blockchain to stamp out illegal downloads and ensure artists are properly compensated. The automotive sector is utilising the platform to manage supply chains and track vehicles. You get the picture: blockchain can transform most sectors

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MOVERS & SHAKERS

Harneys—Maggie Kwok & George Weston

Harneys—Maggie Kwok & George Weston

Harneys senior leadership appointments

Freeths—Keith Browne & Jim Jordan

Freeths—Keith Browne & Jim Jordan

Freeths strengthens London Construction and Engineering practice with two strategic senior hires

Anthony Collins—Laura Moss

Anthony Collins—Laura Moss

Anthony Collins announces strategic hire to deepen skills base in the social business sector

NEWS
Existing defamation law can respond to AI ‘hallucinations’, but allocating responsibility will prove harder where outputs reach users without human intervention
The High Court has upheld a rare successful serious-irregularity challenge after an arbitrator relied on an implied term neither party had advanced
Thirty years after The Future of Law shook a profession still using fax machines, its central forecast looks increasingly less like prophecy and more like description
More than 100 teams from the legal and financial services sectors competed in five sports at the 51st Law Society RFC Festival of Sport earlier this month
Part-time status need only be an effective cause of less favourable treatment, rather than the sole cause, the Supreme Court has held in Augustine v Data Cars
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