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Groundbreaking rules published to enable rapid resolution of blockchain and crypto legal disputes, as worldwide smart contract market expected to reach $345.4 million by 2026[1]
Rules published today by Government-backed UK Jurisdiction Taskforce at LawtechUK will address uncertainty, encourage fast resolution of disputes, and foster increased confidence for businesses in adoption of digital technology including blockchain, crypto assets and smart contracts
UK legal infrastructure continues to be world leading following publication in November 2019 of UKJT s legal statement on the status of digital assets and smart contracts under English and Welsh law
Smart contract market predicted to reach $345.4 million by 2026
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