News & Analysis as of

Blockchain Electronic Records

Mayer Brown

The Promise and Potential of Blockchain and New UCC Article 12

Mayer Brown on

Executive Summary: In the summer and fall of 2022, electronic transactions were undergoing a sea change, but riding different tides: in the summer, the Uniform Law Commission approved a set of amendments to the Uniform...more

Lathrop GPM

Digital Assets as Collateral Under the Uniform Commercial Code

Lathrop GPM on

In 2019, the American Law Institute (“ALI”) and Uniform Law Commission (“ULC”) began developing amendments to the Uniform Commercial Code (“UCC”) to adapt to the changing landscape of transactions involving digital assets,...more

Katten Muchin Rosenman LLP

Financial Markets and Funds Quick Take | Issue 10

Katten Named Leader in Blockchain and Cryptocurrency in Chambers FinTech 2023 Guide - Katten announced that the firm had attained a superior ranking in the Chambers FinTech 2023 guide. Katten was recognized as a leader in...more

Skadden, Arps, Slate, Meagher & Flom LLP

Amendments to Uniform Commercial Code Aim To Provide Clarity on the Transfer of Digital Assets

Over the last few years, stakeholders in the digital asset space have questioned how digital assets should be treated for purposes of the Uniform Commercial Code (UCC), a comprehensive body of laws relating to commercial...more

Fisher Phillips

Ohio Jumps on the Bandwagon of States Legally Recognizing Blockchain Data

Fisher Phillips on

In May 2018, Ohio lawmakers introduced SB 300 seeking to become one of the latest U.S. states to legally recognize smart contracts and records stored on a blockchain. Introduced by State Senator Matt Dolan, the bill amended...more

Fisher Phillips

More States Looking to Blockchain for Economic Development

Fisher Phillips on

You can add Connecticut and Ohio to the list of states passing legislation focused on positioning their respective states favorably to attract businesses developing blockchain-based applications. On June 6, 2018,...more

Proskauer - Blockchain and the Law

Modernizing Real Estate Records With Blockchain

Despite dealing in one of the most valuable asset classes in the world, the real estate industry largely relies on outdated real estate interest recording systems requiring paper-based filings with local government offices....more

Robinson+Cole Data Privacy + Security Insider

Proposed Legislation in New York Would Recognize Enforceability of BlockChain Transactions and Explore Applications of Technology

While the investment potential of cryptocurrencies, including BitCoin, has been all over the news in recent weeks, state governments have begun to explore the practical applications of blockchain – the technology underlying...more

Fisher Phillips

Blockchain - More than Digital Currency

Fisher Phillips on

Blockchain Technology, the underlying system of Bitcoin, could help democratize the way we store data, prove ownership, and create verifiable trust relationships. The blockchain is a global, public database, or ledger, of...more

Bennett Jones LLP

The Blockchain Buzz and Alberta

Bennett Jones LLP on

One of the buzzwords in the legal and financial industries in 2016 was "blockchain", and the buzz appears to be going strong in 2017. Blockchain, in simple terms, is a distributed database that maintains a record of...more

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