Blockchain, Digital Transformation and the Law

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Blockchain, Digital Transformation and the Law

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dc.contributor.author Savin, Andrej
dc.date.accessioned 2018-07-12T14:34:40Z
dc.date.available 2018-07-12T14:34:40Z
dc.date.issued 2018-07-12
dc.identifier.uri http://hdl.handle.net/10398/9648
dc.description.abstract Recent years have seen a surge in the use of blockchain technologies, not least because of the increased use of cryptocurrencies such as Bitcoin which rely on it. While some of the generated interest can be dismissed as hype, there is little doubt that blockchain is a technology with the potential to revolutionise certain areas of law. A careful reader following the trends would have noticed that Maersk, the Danish business conglomerate, was involved with no less than three deals revolving, in one way or another, around blockchain technology Such news should intrigue the reader since adoption of experimental methods or newest IT technologies does not normally characterise the inert maritime and transport industries. We will in this short piece give an overview of the relevance of blockchain and briefly look at three different deals which Maersk concluded around the technology. We will then give an outline of potential legal problems which these and similar deals might bring. Our preliminary conclusion is that blockchain technology - in some instances at least - has the potential to disrupt the role law traditionally plays in negotiating and executing international contracts. en_US
dc.format.extent 6 en_US
dc.language eng en_US
dc.title Blockchain, Digital Transformation and the Law en_US
dc.type cp en_US
dc.accessionstatus modt18jul12 soma en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.corporationshort Copenhagen Business School. CBS en_US
dc.contributor.department Juridisk Institut en_US
dc.contributor.departmentshort JUR en_US
dc.contributor.departmentuk Law Department en_US
dc.contributor.departmentukshort LAW en_US
dc.description.notes Paper presented at the Maritime Contracts Seminar: Negotiation and Collaboration Through International Contracts. March 22 2018, Frederiksberg, Denmark en_US
dc.publisher.city Frederiksberg en_US
dc.publisher.year 2018 en_US
dc.title.subtitle What Can We Learn from the Recent Deals? en_US


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