Working With Outside Counsel on Blockchain Projects: Five Proposed Projects That Could Be Game Changers
While the bitcoin community is still robust, there is no denying that the focus today is on the collection of technologies that form the underpinnings of Bitcoin—known as blockchain or distributed ledger technology (DLT). While bitcoin is still the most battle-tested and used blockchain implementation today, it was intended to be a digital currency that solved a host of past impediments for adoption, including the classic “double spend” dilemma. Fast forward to the present and you’ll find everyone from the largest global banks to the smallest start-ups working on blockchain applications to solve a host of problems across virtually every industry, including financial services, trade supply, regulatory tools for KYC compliance, and even licensing for music, art, and other intellectual property.