On Campus: Australian National University Democratizing Legal Disputes with Blockchain

2020-4-1 01:12

Scott Chamberlain, Entrepreneurial Fellow at Australian National University (ANU) School of Law, grows very animated when talking about the potential of blockchain and law. 

“Imagine an eBay-like platform that can resolve consumer law disputes without engaging the court system,” he marvels.

Chamberlain’s research has long focused on innovations in and the impact of tech on the law, with blockchain an increasing area of study. At ANU, he runs a project called Lex Automagica, a tech stack automating legal processes that he envisions will allow society to run like clockwork. 

He believes this is possible because—at its most basic—the law is simple. In the event of a dispute, the law must confirm the identities of the people and things involved, along with the relationship and rules of interaction between them, to arrive at a resolution. 

Blockchain can already perform these confirmations and automations through identity, tokenization, smart contracts, and dispute resolutions projects. Making it a short leap to apply these new technologies to the law.  

If done properly, Chamberlain’s hope is that the project will create a capacity to solve an enormous number of social disputes without having to engage the middlemen and gatekeepers that he says often leverage their positions of power and wealth. Of course, he’s quick to point out that his vision for a decentralized, democratized practice of law would not replace the legal profession. 

“This is not about getting rid of lawyers or eliminating jobs,” said Chamberlain. “There will always be cases and situations that demand a higher level of expertise.” 

Instead, he sees blockchain and smart contracts as providing an unprecedented opening to resolve more routine disputes and bring resolution to those who might normally be unable to afford legal services. The key is to differentiate the types of legal problems, and then provide solutions appropriate to the scale of the dispute. 

Advancing this topic will be the central goal of two new courses launching as part of ANU’s Master’s program next year. Made possible through the support of Ripple’s University Blockchain Research Initiative (UBRI), the courses will roll out in sequence and task students with identifying a specific legal problem then outlining a technology solution to arrive at what Chamberlain calls a “justice dividend.”

Chamberlain credits UBRI with helping to turbocharge the University’s overall study of blockchain and the legal profession. Ultimately, he believes the funding will help prove that blockchain can underpin a sustainable and significant improvement in people’s ability to exercise their rights and discharge their obligations through technology rather than by having to throw more money and lawyers at a problem.

 To learn more about UBRI, please visit our UBRI website and look for monthly Insights posts in the On Campus series.

The post On Campus: Australian National University Democratizing Legal Disputes with Blockchain appeared first on Ripple.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Australian Dollar (AUD) íà Currencies.ru

$ 101576.75 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $99335.98 - H: $101870.59
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 10262.02 (889.83%)

law blockchain disputes australian national university 160

law blockchain → Ðåçóëüòàòîâ: 126


Ôîòî:

India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’

India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency.

2019-7-16 19:00


Ôîòî:

Russia May Postpone Implementation of Cryptocurrency Law 

Anatoly Aksakov, head of the State Duma Committee on the Financial Market revealed that Russia’s digital financial assets law has been practically agreed upon but it may be postponed to autumn because the authorities have been unable to reach a concrete agreement on how bitcoin and altcoins should be handled in Russia, reports Tass on JulyRead MoreRead More.

2019-7-11 09:00


CODEX crypto exchange implements US requirement to block IP addresses

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceCODEX, a cryptocurrency exchange licensed in Estonia, announced that in order to stay compliant with the law, moving forward, users originating from the United States won’t be able to use the exchange platform, and all underlying functionality including trading, deposits, withdrawals, registrations, etc.

2019-7-11 18:34


nuco.cloud ICO

The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.

2019-7-9 17:17


Ôîòî:

Caitlin Long, Blockchain’s Ambassador of Hope: Notes from a RegTech conference keynote

Our collective voice working together is the only way we will ensure this Cascadia region (from Portland to Seattle to Vancouver B.C.) demonstrates continued leadership for decades to come.  The impact of Caitlin Long’s visit and keynote at the Seattle University School of Law’s 2nd Annual Innovation and Technology Law Conference focused on RegTech: The […] The post Caitlin Long, Blockchain’s Ambassador of Hope: Notes from a RegTech conference keynote appeared first on CryptoSlate.

2019-7-4 10:58


Indian Government Comes With A 12-Week Interactive Crypto & Blockchain Course

Indian crypto community has been in a dilemma over the passive approach of the government towards cryptocurrencies, and if going by the local media houses, the finance ministry is planning to propose a law which would ask for a 10-year jail term for those who are dealing with cryptocurrencies, be it trading or holding. However, […]

2019-6-13 20:55


Ôîòî:

Brazil: Law Forces Nab Criminals for Orchestrating $248 Million Cryptocurrency Scam

Law forces in Brazil have clamped down on a cryptocurrency crime cartel accused of duping more than 55 thousand investors of more than approximately $248 million, The Next Web reports, May 22, 2019. Crypto Criminals Nabbed The ease of committing crimes in the crypto industry has worried regulators with several taking extreme measures in theRead MoreRead More.

2019-5-23 14:00


CryptoBirds: Guiding Investors To Most Trustworthy ICOs & Blockchain Projects

CRYPTOBIRDS presents the first incentivized collaborative platform for analyzing ICO projects in a transparent way and by fostering best practices The First Security Token Project Launched in Spain in Accordance with Current Law Kicks off Its Pre-Ico until May 28 The whitelist is now available to ensure access to interested investors.

2019-5-21 11:13


Monart ICO

Monart is an international community & marketplace around contemporary art which want to revolutionize the $67 billion a year art market with his business models based on the blockchain. monart reinvents the art experience to provide innovative art discovery for the art community at large, artists, art lovers, collectors and more.

2019-5-7 13:22


TokenSoft Lifts Restrictions on Clients’ Use of Approved Law Firms, Following Guidance by SEC

TokenSoft has historically required that their clients use specific law firms that have already been vetted and approved by the platform. The “legal landscape,” as TokenSoft says, was a complicated place with the blockchain industry, and it was easier to work with law firms that that already had to experience with the crypto industry. However, […]

2019-5-2 17:25


IBM Introduces The Blockchain Game to Help Non-Tech People Understand Distributed Ledger Tech

Blockchain is a technology that can be completely revitalized various disparate fields such as supply-chain management, accounting, and contract law among many, many others. IBM, as well as most in the know and on the go, know the usefulness and disruptive influence of blockchain can only really help a company if normal, average non-tech minded […]

2019-5-1 07:07