Blockchain and the Law - Workshop
Blockchain and the Law by Dubai Blockchain Community & IBM
For the first time, IBM is collaborating with the Dubai Blockchain Community to tackle to Blockchain industrial aspects and use-cases with the help of leading industrial blockchain experts and hands-on workshops, demos.
As the role of technology increases within the legal industry, the question of how and in what ways it can best be used in the practice of law is of top concern among law firms, corporate legal departments, and of course, law schools. From predictive analytics to machine learning, the message is clear: technology will underpin innovation in legal services in increasingly rapid evolution.
There is a wide range of practice areas where blockchain technology can become a major player, from supporting the changing nature of legal work to enabling new lines of business and differentiating service offerings.
And while many still associate blockchain with its first big application—with cryptocurrencies such as Bitcoin—many other organisations are starting to consider how this technology might also help automate day-to-day operations.
Law firms that are facing challenges, such as diminishing demand from corporate clients and stronger competition from non-traditional players, are considering blockchain for two primary reasons. The first reason is smart contracts, which involve scripted logic relating to simple Ricardian contracts. Essentially, smart contracts are sets of terms and conditions that can be automated, and blockchain appears to be the best way to do that.
The second reason law firms are interested in blockchain technology is its ability to record events for long duration. This might include irrefutable intellectual property claims or even criminal charges relating to a certain case or criminal procedure.
And beyond these few examples, there is a wide range of practice areas where blockchain technology can become a major player, from supporting the changing nature of legal work to enabling new lines of business and differentiating service offerings.
9:00 AM - 9:30 AM Welcoming & Networking
9:30 AM - 10:00 AM Introduction to Law and Blockchain by Kokila Alagh
10:00 AM - 10:30 AM Demo: Facilitate Collaboration between Non-governmental Organizations using Blockchain by Ayush Maan
10:30 AM - 11 AM Q&A
This code lab demonstrates how to use Hyperledger Fabric network to facilitate collaboration among non-governmental organizations (NGOs) in managing the supply and demand of goods to be distributed to the needy. The disconnect between supply and demand can lead to over- or under-supply of goods and materials. During critical times, there is often no system of trust for getting correct information on supply and demand requirements for goods — a common problem faced by NGOs. This developer code pattern uses the Hyperledger Fabric network to bring about a transparent way for NGOs to collaborate with one another to efficiently distribute goods and materials during normal and critical situations.
This session is suitable for anyone with interest in Blockchain (Proficiency level can range from Beginner to Advanced)
To sign up for a free IBM cloud account: http://ibm.biz/dbclegal
Recommended Readings prior to the event:
- What Happens When Legal Tech Meets Blockchain (https://www.forbes.com/sites/valentinpivovarov/2019/01/24/legalnodes/#2cdce103d2c8)
Kokila is the founder of KARM Legal and has 15 years of experience as a Corporate/Commercial and technology lawyer in UAE. One of the very few ardent technology lawyers in the region to have an indepth knowledge of the synergies of technology, law and policy- Kokila has worked with major corporations, government and semi-government bodies, high net worth individuals and start-ups over the years. Kokila’s Masters in Law, in Digital Economy from the Monash University in Melbourne, Australia, and the certification of Oxford Blockchain Strategy Programme from Oxford University, UK has helped her enhance an in-depth understanding of digital economy and blokchain.
Ayush Maan is a Developer Advocate with the IBM Cloud team. Before stepping into developer advocacy, he worked as a Teaching Assistant with the Computer Science and Engineering department at the American University of Sharjah, Sharjah, UAE. He received his B.Sc. degrees in Computer Engineering along with a minor in Computer Science from the same university. His main interests revolve around AI, Blockchain, and IoT. Previously, he primarily developed using C, C++, Java, Python and extensively developed Android Mobile Applications. He is passionate about learning more about AI, IOT and Blockchain. Other interests include network security. He is focusing right now on Blockchain and microservices.