Book contents
- Legal Informatics
- Legal Informatics
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Part I Introduction to Legal Informatics
- Part II Legal Informatics
- A Information Representation, Preprocessing, and Document Assembly
- B. Artificial Intelligence, Machine Learning, Natural Language Processing, and Blockchain
- 2.6 AI + Law
- 2.7 Machine Learning and Law
- 2.8 Natural Language Processing for Legal Texts
- 2.9 Introduction to Blockchain and Cryptography
- C. Process Improvement, Gamification, and Design Thinking
- D. Evaluation
- Part III Use Cases in Legal Informatics
- Part IV Legal Informatics in the Industrial Context
2.9 - Introduction to Blockchain and Cryptography
from B. - Artificial Intelligence, Machine Learning, Natural Language Processing, and Blockchain
Published online by Cambridge University Press: 04 February 2021
- Legal Informatics
- Legal Informatics
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Part I Introduction to Legal Informatics
- Part II Legal Informatics
- A Information Representation, Preprocessing, and Document Assembly
- B. Artificial Intelligence, Machine Learning, Natural Language Processing, and Blockchain
- 2.6 AI + Law
- 2.7 Machine Learning and Law
- 2.8 Natural Language Processing for Legal Texts
- 2.9 Introduction to Blockchain and Cryptography
- C. Process Improvement, Gamification, and Design Thinking
- D. Evaluation
- Part III Use Cases in Legal Informatics
- Part IV Legal Informatics in the Industrial Context
Summary
The blockchain industry has recently broken through into the general public’s consciousness. Gone were the days of blockchain projects being solely the interest of computer programmers, libertarians, and anti-government activists. Now, discussion of the industry graced the pages of the New York Times1 and the Wall Street Journal,2 and the nascent industry was regularly covered by television news programs such as CNBC’s Fast Money.3 The majority of this attention was directed to price increases in cryptocurrencies, such as Bitcoin, but a new vehicle for raising capital – known as an initial coin offering, or ICO – also fueled public enthusiasm. All of this excitement and curiosity has made it harder and harder for lawyers to ignore this industry. As such, it is beneficial for lawyers to get a high-level understanding of what the blockchain industry is, and how it makes technologies like cryptocurrencies possible.
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- Legal Informatics , pp. 114 - 120Publisher: Cambridge University PressPrint publication year: 2021
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