‘The Disruptive Potential of Blockchain in the Law of Wills’

Bridget J Crawford, Blockchain Wills, 95 Indiana Law Journal 735 (2020), available at SSRN. Disruptive technologies, like the Internet, often drive new social and organizational arrangements: we now enjoy global interconnectedness and an ease of communication that was previously the stuff of speculative fiction. Blockchain technology has the potential to be similarly transformative, with the Wall Street Journal characterizing blockchain as a foundational technology along the lines of the electricity or the world wide web. Bitcoin was created in 2009 as a decentralized, immutable, open source method of peer-to-peer payment that uses a distributed ledger to track all transactions – and this process of recording transactions is what is known as ‘the blockchain’ … (more)

[Victoria J Haneman, JOTWELL, 3 December]

First posted 2020-12-03 13:41:46

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