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Patrick Dahm – That German-Singapore Lawyer

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Tag: legaltech

The Efficient Breach of Smart Contracts

Smart con­tracts are described as self-execut­ing: how they are formed is how they will be per­formed. This is why some of us see no (or at least less) room for leg­al dis­pute over them.

It shouldn’t be this way. Where it’s effi­cient, it should be pos­sible to breach a smart con­tract. Even though this may lead to a leg­al dis­pute.

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Smartifying Blockchains, Legally

Yes, block­chain tech­no­logy can do things which con­ven­tion­al ledgers or registers can­not do. A few days ago I argued that this didn’t mean block­chain should replace tra­di­tion­al ways of record­ing leg­al trans­ac­tions whole­sale. Tra­di­tion­al ways of record­ing leg­al trans­ac­tions embed func­tions which block­chains don’t embed yet. Where the law demands it or wherever else it makes sense we should think about imple­ment­ing them.

Here’s in more detail what I had in mind.

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Blockchain: The Roll of Deeds of the Internet

After read­ing Caitlin Moon’s instruct­ive blog Block­chain 101 for Law­yerscom­men­ted that we should think of it as a cybernot­ary who can authen­tic­ate — everything.

Ive changed my mind.

For the avoid­ance of doubt, I’m all for catchy ana­lo­gies. They help under­stand much of what’s going on in cyber­space. Even bet­ter than a catchy ana­logy, though, is an ana­logy that’s catchy and apt.

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How Do We Resolve Disputes? What’s with Those Algorithms?

This really very long and quasi-aca­dem­ic post is based on a speech I gave to MBA stu­dents of the Man­age­ment Devel­op­ment Insti­tute of Singa­pore some­time in 2016. Sub­ject: how do we resolve dis­putes and what bor­ders, geo­graph­ic­al or oth­er­wise, do we cross in doing so? Bor­ders and oth­er­wise, ged­dit, I was talk­ing about dis­pute res­ol­u­tion in cyber­space and algorithms.

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