Abstract: This white paper discusses the history, inner workings and applications of blockchain, an online public ledgering system, and how it will soon significantly impact many aspects of the legal industry. The first part of this paper will show the marvels and the pitfalls of Bitcoin and its underlining blockchain technology. The second part will describe what full global adoption of a cryptocurrency and blockchain technology would entail. And the third will explain the potential legal implications of blockchain technology.
About Joseph Raczynski (98 Articles)
Joseph Raczynski Legal Technologist/Futurist Joseph is an innovator and early adopter of all things computer related. His primary bent is around the future of law and legal technology. He also focuses on several fields including machine learning, mobile, security, cryptocurrency, and robotics (drone technology). Joseph founded wapUcom, LLP, consulting with companies in web and wireless development. As a side project DC WiFi was created to help create a web of open wireless WiFi access points across cities and educate people about wireless security. Currently he is with Thomson Reuters Legal managing a team of Technical Client Managers for both the Large Law and Government divisions. Joseph serves the top law firms in the world consulting on legal trends and customizing Thomson Reuters legal technology solutions for enhanced workflows. He graduated from Providence College with a BA in Economics and Sociology and holds a Masters in eCommerce and MBA from the University of Maryland, University College. You can connect with Joseph at JoeTechnologist.com or JosephRaczynski.com or @joerazz