By Susan Gluss
Advanced technologies are driving innovation in mobile banking, securities transactions, and data storage. Simply put, checkbooks are out, and Venmo is in. The newest technology disrupter, blockchain, may fundamentally alter business operations on a global scale, raising a host of legal, consumer, and regulatory issues.
Blockchain is described as a high-tech ledger of transactions and was originally developed to support the cryptocurrency bitcoin. But it’s quickly become the darling of multinational corporations eager to adopt it for their own needs: It’s a highly secure, decentralized and encrypted method of tracking digital assets.
Read the full story on the UC Berkeley Law School website, published 11/9/17.