Category: Blockchain
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Tech Snippets Today – Awa Sun Yin – Anoma
On the ground with 18,000 people humming about at Consensus 2022, I met with Awa Sun Yin the dynamic leader of Anoma in the crypto space. She has been at several very high profile organizations like Chainalysis and Cosmos. Currently she is solving for developers issues around privacy and security leveraging blockchain. She is based…
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Forum: The LawFirmDAO offers bold predictions of future firm partnerships
Originally published in Forum Magazine By Joseph Raczynski Could decentralized autonomous organizations (DAOs) revolutionize how law firm partnerships are going to be structured in the near future? Imagine a fully decentralized law firm. What might that look like? What if every attorney who opted in became a partner from Day 1, equitably sharing the benefits…
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Animated Series: What’s Up with the Metaverse
Originally published on the ABA Center for Innovation, Innovation and You by Joseph Raczynski with creative by Elise Harmening, Esq. What’s Up with the Metaverse, was written by Joseph Raczynski of Thomson Reuters, a member of the Governing Council for the Center for Innovation, and created by Elise Harmening, Esq., Project Specialist Manager at the Center…
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5 questions about the environmental impact of crypto-mining
Originally published on Thomson Reuters Insights by Gina Jurva, with Joseph Raczynski. Is the act of mining for cryptocurrency damaging to the environment? We asked our resident technologist to assess this emerging landscape Two hot words in the corporate and financial worlds today seem to be cryptocurrencies and ESG (environmental, social, and corporate governance issues) — yet, are the…
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DAO (Decentralized Autonomous Organizations) and Regulation
Originally published on Cryptos on the Rise. A DAO (Decentralized Autonomous Organization) is a revolutionary change in the manner that people and businesses can organize. Leveraging blockchain technology, it is a decentralized model of control and governance. The essence of a DAO is transparency, clarity of rule, and process driven decisions – primarily utilizing smart…
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Mind-shifting into blockchain, cryptocurrency, and the future of asset ownership in the metaverse
Originally posted on Our Purpose – Thomson Reuters Are you ready to jump down the rabbit hole? Well, so begins one of the most transformative periods in human history. What began as a widely dismissed experiment unleashed on the world by an anonymous author became a phenomenon that will alter corporations, governments and your own…
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Top 10 err.. 16 LegalTech Talks of 2021! Now available!
The list is out! Last year was an amazing one for LegalTech talks and thought leadership. I presented over 70 times on Blockchain, Cryptocurrency, AI, Workflow, and the Legal Platform. It was also a fascinating year where edgy concepts entered the LegalTech space, including the Metaverse and NFTs. In all likelihood, these will continue to…
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Buying the Constitution: The rise of DAOs in legal
Originally published on Thomson Reuters Institute on November 18, 2021. Could Decentralized Autonomous Organizations (DAOs) become the model for future business structures and transform the legal industry in the process? Update: After this blog post was published, the ConstitutionDAO fell short in its bid to buy a rare copy of the US Constitution in an auction…
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Podcast: The Hearing – Houman Shadab, Professor of Law NYLS
From the producers… Bitcoin: bringing FOMO since 2013. What would your scream sound like if you had dismissed Bitcoin as a joke in your law class in 2013 at $100 dollars – when it sits at $60,000 today? Joe’s guest this week is Houman Shadab, the Director of the Innovation Center for Law and Technology…
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Digital Nomads – Future of Work Discussion
This is a deep dive on the future of work around the world and the technology trends that impact them.
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The impact of blockchain, cryptocurrencies, and NFTs on the legal industry with Joseph Raczynski
It was a ton of fun recording this podcast with the omniscient and ever engaging Joseph Gartner at the ABA Center for Innovation – (full transparency, I sit on the Council). With Joey’s new role as Director and Counsel, we chatted all things #blockchain, #cryptocurrencies, and #NFTs and their impact on the legal industry. It is fantastic to be a part of a group…
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Podcast: The Hearing – Stevie Ghiassi, Co-founder Legaler and Legaler Aid
Question: What do the Iranian national football team, NFTs, Hotel Rwanda and tennis great, Andy Murray have in common? Answer: Stevie Ghiassi, Co-founder of Legaler and Legaler Aid. And my guest this week! In this episode, Stevie chats with me about his unlikely journey from running a chain of souvenir shops to becoming a legal…
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The Law Firm of the Future
Interview with Joseph Raczynski, written by Michelle Worrall Tilton Kanas City Metropolitan Bar Association Attorneys look to precedent to solve today’s legal problems. “Steeped in tradition” is how we often describe the legal profession. As result, it’s no surprise that there is inherent tension between emerging technology and the legal profession. The American Bar Association’s…
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Non-Fungible Tokens (NFTs): Asset ownership via blockchain rockets into legal
In a two-part series, we will look at Non-Fungible Tokens, explaining what they are and how they will impact numerous industries; and how decentralized finance (DeFi) is critical to understanding NFT’s importance within the legal industry. Originally published on the Legal Executive Institute. By Joseph Raczynski Welcome to the early days of where blockchain goes mainstream,…
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Podcast: The Hearing – Federico Ast – Cofounder & CEO – Kleros
From the producer: Here at The Hearing HQ we’ve really missed travelling. So being whisked (virtually) to Buenos Aires for this week’s episode was a real treat! Meet Joe’s guest, Federico Ast, the CEO and founder of Kleros. He’s deeply intelligent, thoughtful and one hell of an aggravator in the world of justice. Federico has…
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Podcast: The Hearing – Karim Sabbidine – Associate at Thompson Hine
From the producer: On The Hearing, we’ve talked to people at the top of their game about their experiences of lockdown. We’ve gained advice from experts on how businesses can best weather these unprecedented times. And this week Joe chats to Karim Sabbidine, an associate at Thompson Hine, about what COVID-19 means when you’re at…
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Facebook’s Cryptocurrency Needs to Prove Itself, Expert Says
Published on Lifewire Written by Michelai Graham – Interview with Joseph Raczynski Facebook is scaling back its ambitious plans to move into the cryptocurrency sector while users on the platform aren’t showing much confidence in the site’s new addition. The media giant will likely launch its smaller scale Libra cryptocurrency project as soon as January.…
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Podcast: The Hearing – Doug Pepe – Partner – Joseph Hage Aaronson LLC
From the producer: You may have watched as Mark Zuckerberg explained the internet to Congress in a way that felt a bit unnecessary. Well, this episode is sort of the opposite of that. Joe Raczynski is joined by legal and mathematical macroeconomics genius Doug Pepe, to take us through blockchain, tokens and cryptocurrency in a…
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Teaching Law With Technology Prize 2020
While the judges deliberated, I gave professors, students, lawyers, and technologists in the UK a glimpse of the technological innovations coming in the near and longer terms and sense of what this could mean for legal advisers. Blog: https://blogs.thomsonreuters.com/legal-uk/2020/10/12/linda-chaddertons-legally-bound-wins-the-teaching-law-with-technology-prize-2020/
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LegalTech Report Card and Predictions 2020 to 2060 – ILTA Conference 2020
I had the privilege of being selected to report on how ILTA (International Legal Technology Association) did on their predictions from 2013 up to today, during their 2020 ILTA-ON Conference. Even more fun, predicting what technology and LegalTech will look like from 2020-2025, and then going out to 2060. Remember back when we had ‘Law…
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How technology is ridging the financial inequality gap for the unbanked
Originally published on AnswersOn. By Gina Jurva – Joseph Raczynski The Covid-19 pandemic is exposing long-standing societal inequalities that range from access to healthcare to access to childcare and place our society is under a microscope. One of the biggest challenges is getting stimulus funds to those who need it most, especially in those cases where the…
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Will COVID-19 Make Cash Obsolete?
Originally published on the Legal Executive Institute. By Gina Jurva – Joseph Raczynski Is the COVID-19 pandemic more quickly moving the world to a cashless society? One where almost all financial transactions are not conducted with physical banknotes or coins, but rather through the transfer of digital information via a smartphone? Thomson Reuters technologist and…
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World Bank Presentation on Access to Justice Through Technology
Recently I had the opportunity to present at the World Bank on “Access to Justice”. My focus for this talk was on how people around the world can be lifted from poverty with new tools enabled by mobile phones. Through the use of blockchain and AI, people can learn how to protect themselves and seek…
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Justice for all? The impact of AI & blockchain on legal accessibility
Originally published on AnswersOn By Joseph Raczynski I have been incredibly fortunate to have traveled extensively, which has impacted my global vision. Visiting almost 40 countries, I have witnessed firsthand the enormous discrepancies in wealth, opportunities, and lifestyles that exist around the world today. I’ve seen the lavish gilded rooms, complete with Picassos on the…
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The 4th Annual Government Day: The Reality and Skepticism of Innovation and Blockchain
Originally published on the Legal Executive Institute By Joseph Raczynski WASHINGTON, D.C. — The Government sector strives to ramp up its efforts to more widely integrate cutting edge technologies like blockchain, artificial intelligence, and the Internet of Things (IoT), it is running into a myriad of challenges. Not the least among them, is separating the…
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Legal technology conference (r)evolution—the launch of Legal Geek North America
Originally published in Legal Insights Europe. By Joseph Raczynski Like the legal industry itself, legal technology conferences are transforming and Legal Geek is leading the change. These industry events are finally beginning to mirror the, more, customer centric start-up community perspective. Taking a step back, a decade ago the most renown and popular legal industry conferences…
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What is the current state of legal technology around the world?
Originally published on Legal Insights Europe by Joseph Raczynski Technology discussions once reserved solely for select Chief Information Officers (CIO), Chief Technology Officers (CTO), and technologists—are now commonplace for executive committees, partners, and associates at law firms. This transformative shift over the last four years is remarkable to witness. With wider audiences leaning into the…
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Kleros.io (a Thomson Reuters Incubatee) Publishes Handbook of Decentralized Justice
Kleros.io is a blockchain startup which Thomson Reuters incubates in the Legal Technology space. They recently published a book about dispute resolution using blockchain technology. I had the good fortune to work with Federico Ast, Founder & CEO on a chapter for the book. Please feel free to download a digital copy here: Kleros’ Handbook…
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Modern Law Magazine: Embarking on an Era of Abundance in the Legal Industry
Here is my latest post from Modern Law Magazine. By Joseph Raczynski Over the course of the next five years, the legal industry will be flush with opportunity. While much of the rote legal work will be done by automation, producing a period of interstitial angst at law firms, burgeoning areas of technology necessitating legal…
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Video: Generate 2018 – Blockchain & Legal
What does the future of blockchain look like in the Legal industry. See this overview with special insights from Kleros on how dispute resolution might be enabled through this technology.
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Forum Magazine: Blockchain’s Promise – Verifying Value One Block at a Time
Originally published in Forum Magazine by Joseph Raczynski Blockchain technology is truly transformative, impacting almost every industry. Over the next decade, this technology will significantly transmute the legal landscape as well – a process that has already begun. Blockchain was initially considered a ridiculous notion – the idea of a digitized ledger beholden to no single…
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Risk Management in the Cryptosphere: A Talk with Gibson Dunn’s Judith Alison Lee
Originally published in the Legal Executive Institute By Joseph Raczynski Cryptocurrencies and its underlying blockchain technology is upending the traditional paradigm for financial institutions and regulators around risk management. This disruption includes unique challenges around identity association and verification in the cryptosphere, specifically around decentralized exchanges, applications (DApps), and identities. We discussed these topics with Judith Alison Lee, a…
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Classification of Cryptocurrency: Coins, Tokens & Securitized Tokens
Originally published in the Legal Executive Institute. By Joseph Raczynski One of the most contentious debates in the cryptocurrency world surrounds classification of blockchain-based digital assets, tokens and cryptocurrencies. A panel at the recent Thomson Reuters Regulation of Financial Services Conference discussing the basics of cryptocurrencies examined this argument. With more than 1,650 cryptocurrencies or tokens trading in…
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Podcast: The Hearing With Kevin Poulter & Joseph Raczynski – Future Legal
Episode 2 of THE HEARING is now live! In episode 2 of The Hearing Podcast Kevin Poulter speaks to futurist Joseph Raczynski on #legaltech #AI #blockchain and the future of the robot lawyer. Listen now and subscribe to #thehearingpodcast on: iTunes – https://tmsnrt.rs/2swyzmz Spotify – https://tmsnrt.rs/2kOOpVw SoundCloud – https://tmsnrt.rs/2Js4deI
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Harvard Business School Panel: How Should ICOs and Cryptocurrencies Be Governed?
Originally published in the Legal Executive Institute by Joseph Raczynski BOSTON — Recently I moderated a session at Harvard Business School surrounding its first annual Business, Regulation and Technology of Blockchain Conference. It was held in conjunction with the MIT China Innovation & Entrepreneurship Fund and the Harvard Law Entrepreneurship Project’s Blockchain Initiative. Before a crowd of…
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Podcast: What the Heck is blockchain?
I had the pleasure of being a part of the Thomson Reuters Innovation Podcast series recently. This was a discussion about blockchain. In this talk with Katherine Manuel, Senior Vice President of Innovation in Strategy/Business Development, Jordan Kleinsmith – Director, Innovation in Strategy/Business Development and Sam Chadwick – Director of Strategy in Innovation and Blockchain in…
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Beyond Cryptocurrency: 5 Questions about the Future of Blockchain for Thomson Reuters Technologist Joe Raczynski
Written by Gina Scialabba and originally published by the Legal Executive Institute Blockchain — we’ve all heard about it, and also heard that it will certainly disrupt the financial, legal and public sector worlds near you. The real questions surrounding the future of blockchain, however, relates to the evolution of its virtual ledger technology and the ways…
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Podcast: The Technology of Blockchain & Cryptocurrencies with Judith Alison Lee of Gibson Dunn (Part 2)
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth, and Judith Alison Lee In the second part of our podcast on the technology behind blockchain and cryptocurrencies like Bitcoin, I speak with Judith Alison Lee, a partner in the Washington, D.C. office of Gibson Dunn & Crutcher and Co-Chair of the firm’s International Trade…
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Podcast: The Technology of Blockchain & Cryptocurrencies with Judith Alison Lee of Gibson Dunn (Part 1)
Originally published in the Legal Executive Institute. By Joseph Raczynski, Gregg Wirth, and Judith Alison Lee In the first part of our podcast on the technology behind blockchain and cryptocurrencies like Bitcoin, I speak with Judith Alison Lee, a partner in the Washington, D.C. office of Gibson Dunn & Crutcher and Co-Chair of the firm’s International Trade…
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How to Launch an ICO Token on Ethereum in 90 Minutes
By Joseph Raczynski So you want to have your own cryptocurrency, eh? It is surprisingly not too cumbersome to create. If you have some very basic coding skills, general understand of a digital wallet, and the ability to follow point by point instructions, this should take about 90 minutes. I will guide you through the…
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Leveraging blockchain to decrease data breaches, increase security
Originally published in Thomson Reuters By Joseph Raczynski In the not-too-distant future, blockchain will get personal – very personal. That’s a good thing when it comes to integrity of your digital identity. The Internet is a complex space for identity management. Every site has a login and password, and those sites which have federated their…
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Blockchain & Cryptocurrencies in Legal
By Joseph Raczynski Las Vegas, NV – ITLACON – Sarah Burno, Partner, Arent Fox and Joseph Raczynski, a technologist at Thomson Reuters, explore how blockchain will impact the Legal industry and discuss the beginnings of the cryptocurrency crazy.
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MIT Legal Forum on AI & Blockchain Busts Open New Thinking
By Joseph Raczynski Massachusetts Institute of Technology’s Media Lab – Cambridge MA – October 2017 – In one of the more unique and unusual conferences I have participated, the inaugural MIT Legal Forum on AI & Blockchain was a meeting of 200 minds from across academia, law firm, and corporations big and small. It included IBM Watson as…
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Exploring Blockchain Proof of Concepts in Deployments and use Cases in the Finance Industry
By Joseph Raczynski October 2017 – Blockchain 360 IoT Conference – InterContinental New York Times Square – An esteemed panel took the stage to discuss the state of the union surrounding proof of concepts in the financial industry. The focus of the six; to delve into what is working with blockchain, what is not, and…
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Legal Technology/Internet 4.0 – How will Legal Technology Change the Industry?
By Joseph Raczynski INSOL Europe 2017 Annual Congress Warsaw INSOL Conference – Joseph Raczynski Warsaw, Poland – Sofitel Victoria. Before the full contingent of 400 attendees at the INSOL Europe Annual Congress a panel of three stepped into the future of legal technology and its impact on insolvency and the courts in Europe. The panel…
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2017 Emerging Legal Technology Forum: Examining the Blockchain Business Revolution
Originally published in the Legal Executive Institute. By Joseph Raczynski TORONTO — With a nearly palpable pre-session buzz, the blockchain panel at the Thomson Reuters 2017 Emerging Legal Technology Forum finally took stage in the afternoon, titillating attendees with an in-depth overview surrounding the technology’s pending impact on the legal landscape. The primary focus of the panel discussion…
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Blockchain, a Disruptive Force Now Impacting the Legal Industry
Originally published in LegalBusinessWorld By Joseph Raczynski Blockchain, a Disruptive Force Now Impacting the Legal Industry Defining the technology and citing real world examples in Legal Basics of Blockchain We are at the precipice of transformative change in nearly every industry. Blockchain or Distributed Ledger Technology (DLT) is the cornerstone of this rapidly evolving new era…
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Understanding the Impact of Emerging Legal Tech: What is Here, What is Coming & What is Important?
This was originally posted in The Legal Executive Institute. By Joseph Raczynski Major credit for these events goes to the respective Field teams in Boston, New York, and Hartford as well as home office – Marketing – on pulling these off with aplomb! A special thanks to the Thomson Reuters Labs for their deep…
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Blockchain Takes the Stage at the British Legal Technology Forum 2017
Originally published in the Legal Executive Institute By Joseph Raczynski LONDON — The recent British Legal Technology Forum 2017 — Europe’s largest event with more than 1,400 attendees and emceed by Richard Susskind — peered into the future of the legal industry by hosting a provocative talk on Blockchain technology. I spoke at the event on…
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Emerging Technology in the Legal Industry (Video)
By Joseph Raczynski In this Vlog, learn about Emerging Technology in the Legal industry. I focus on the impact of the Trinity of Forces (Cloud, Infinite Processing Power and AI) on Emerging Technology in the Legal industry. The Emerging Technologies discussed are: Artificial Intelligence, Blockchain, Analytics, VR/MR/AR (Virtual Reality, Mixed Reality and Augmented Reality) and…