Stay up to date and receive our latest insights directly to your inboxSubscribe Now

Filter by
Blog

London Calling: The Clash of Smart Legal Contracts?

Distributed ledger technology such as blockchain is driving increasing innovation to disrupt established markets in new ways of transacting. Legally binding smart legal contracts (SLCs) executed without human intervention are spawning investment in new areas ranging from insurance, finance, real estate and supply chains. In November 2021, the UK Law Commission presented advice to the UK Parliament on how existing laws can accommodate SLCs. The report provides useful insights into gaps and considerations in Australia. Their conclusion is that the current legal framework can support SLCs.

Subscribe to Our Blog

Keeping you connected, Hicksons regularly publishes articles to keep you up to date on the latest developments. To receive these updates via email, please subscribe below and indicate which areas of law you would like to receive information on.

Top