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Blockchain and the Law: The Rule of Code

By: By: Material type: TextTextLanguage: English Publication details: Cambridge: Harvard University Press , 2018Description: 300ISBN:
  • 9780674272194
Subject(s): DDC classification:
  • 343.09944 DEF
Summary: Bitcoin has been hailed as an Internet marvel and decried as the preferred transaction vehicle for criminals. It has left nearly everyone without a computer science degree confused: how do you "mine" money from ones and zeros? The answer lies in a technology called blockchain. A general-purpose tool for creating secure, decentralized, peer-to-peer applications, blockchain technology has been compared to the Internet in both form and impact. Blockchains are being used to create "smart contracts," to expedite payments, to make financial instruments, to organize the exchange of data and information, and to facilitate interactions between humans and machines. But by cutting out the middlemen, they run the risk of undermining governmental authorities' ability to supervise activities in banking, commerce, and the law. As this essential book makes clear, the technology cannot be harnessed productively without new rules and new approaches to legal thinking. Blockchains are being used to create “smart contracts,” expedite payments, make financial instruments, organize the exchange of data and information, and facilitate interactions between humans and machines. As this essential book makes clear, technology cannot be harnessed productively without new rules and new approaches to legal thinking.
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Holdings
Item type Current library Call number Copy number Status Date due Barcode Item holds
Reference Book Reference Book Alliance School of Law 343.09944 DEF (Browse shelf(Opens below)) Not for loan L10134
Book Book Alliance School of Law 343.09944 DEF (Browse shelf(Opens below)) Available L10135
Book Book Alliance School of Law 343.09944 DEF (Browse shelf(Opens below)) 1 Available L08423
Book Book Alliance School of Law 343.09944 DEF (Browse shelf(Opens below)) 2 Available L08424
Total holds: 0

Bitcoin has been hailed as an Internet marvel and decried as the preferred transaction vehicle for criminals. It has left nearly everyone without a computer science degree confused: how do you "mine" money from ones and zeros?

The answer lies in a technology called blockchain. A general-purpose tool for creating secure, decentralized, peer-to-peer applications, blockchain technology has been compared to the Internet in both form and impact. Blockchains are being used to create "smart contracts," to expedite payments, to make financial instruments, to organize the exchange of data and information, and to facilitate interactions between humans and machines. But by cutting out the middlemen, they run the risk of undermining governmental authorities' ability to supervise activities in banking, commerce, and the law. As this essential book makes clear, the technology cannot be harnessed productively without new rules and new approaches to legal thinking.

Blockchains are being used to create “smart contracts,” expedite payments, make financial instruments, organize the exchange of data and information, and facilitate interactions between humans and machines. As this essential book makes clear, technology cannot be harnessed productively without new rules and new approaches to legal thinking.

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