Tom Davis, a former FBI Special Agent and fraud prevention and AML/KYC compliance expert, recently joined Coinme as their first general counsel. He shares why he joined this startup and his hopes for how to make an impact as this new normal of banking evolves.
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Blockchain for Lawyers: New technology has changed the capabilities of documents once done with paper and pen
By Metropolitan Corporate Counsel on
By Jason Mark Anderman / American Express Company
What if you and your counterparty possessed 100 percent certainty that every word and every signature in every contract you’ve negotiated were perfectly accurate? What if every payment obligation could be automatically enforced without human involvement? What if you could stack contractual duties in condition-precedent dominoes so that you automatically paid a supplier fee only after valid confirmation of goods delivery?
This is no fantasy. It’s the world offered by smart contracts today.Continue Reading Blockchain for Lawyers: New technology has changed the capabilities of documents once done with paper and pen