Category: Blockchain

GAO releases fintech report

In April, the Government Accountability Office (GAO), an independent agency that oversees government spending, released a report on fintech to help Congress better understand the industry. The report focused on the subsectors of marketplace lending, mobile payments, digital wealth management, and distributed ledger technology. Congressional staffers responsible for drafting legislation […]

Who Controls the Blockchain?

Our esteemed special counsel Patrick Murck (who is also a fellow at the Berkman Klein Center for Internet & Society at Harvard University) poses this very question in the Harvard Business Review. Reviewing the history of blockchain governance from Ethereum’s experience with The DAO and Bitcoin’s hard fork discussions, he warns […]

Arizona ensures legal validity of blockchain signatures

In order for commerce to be effective, parties to a transaction have to trust that their signatures carry legal validity. When transactions increasingly went from paper to electronic form, various laws confirmed the legal validity of electronic records and signatures to promote efficient commerce. However, with blockchain technology, there may […]