Legal Technology in the Age of Blockchain

Emerging technologies have been transforming entire industries recently. Even traditionally technophobic sectors like the legal system are being upended as well. While legal technology is nothing new, the current technologies being developed from blockchain have the potential to shake the legal industry to its core. Everyone knows blockchain as a platform for well-known cryptocurrencies like Bitcoin or Ethereum. However, it is gradually spreading to other services where a decentralized, reliable and immutable model makes sense. Companies and organizations are now turning to distributed ledger technologies to increase security when making transactions, enhance transparency and visibility, and facilitate airtight legal documentation…....