Could We Soon See Legally Binding Smart Contracts?


Code isn’t law just yet, but the Enterprise Ethereum Alliance’s ten new law firm members may just be about to change that. This group gaining insight into the inner workings of blockchain technology will help to facilitate the expansion and uptake of cryptocurrencies and blockchain alike. At the very least, this move is another step in the direction of mainstream crypto adoption.

The Enterprise Ethereum Alliance have announced that 10 law firms and four legal enterprises are getting into blockchain technology and have now become a part of the alliance. Amongst the new members are, Jones Day, Morrison Foerster Hogan Lovells, Cooley, Cardozo Law, Shearman & Sterling, Debevoise & Plimpton Perkins Coie, and Holland & Knight.