Dr. Steven A. Wright, in association with Macadamia Solutions LLC, announces the restocking of Blockchains, Smart Contracts and the Law, a book that explores the legal complexities of blockchain technology.
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Blockchains, Smart Contracts and the Law introduces readers to the ever-broadening scope of blockchain applications, the underlying technology, and recent legal developments in the crypto space. The latest publication teaches critical thinking skills and problem-solving approaches needed to understand the legal implications of technological innovation.
More details can be found at https://www.drstevenawright.com/?s=Blockchain&submit=Search
Entrepreneurs and professionals who have already adopted, or hope to adopt, blockchain technology will find much in the book to help maintain compliance in the realm of cryptocurrency. For example, while smart contracts have the potential to increase the use of cross-border transactions - potentially reducing costs and the need for middlemen - each country has its own laws and regulations which has complex implications for global compliance.
There are also challenges regarding immutability. Smart contracts have the terms of an agreement written directly into code which can improve accuracy and efficiency in terms of transactions. However, making amendments and challenging the terms is extremely difficult.
Wright also addresses issues relating to scalability. Smart contract execution places a strain on public blockchains with more resources needed to process higher numbers of transactions and to maintain reasonable transaction speeds. As the use of smart contracts increases, businesses and consumers are faced with the prospect of higher fees and delays in confirmations.
Regarding privacy, the book highlights how smart contract execution is publicly visible, allowing anyone to inspect the data. This has implications for a variety of industries, particularly healthcare and legal services. Wright discusses these challenges alongside some potential solutions in his book.
Blockchains, Smart Contracts, and the Law will be of help to lawyers and other members of the legal profession. Decentralized technology poses serious challenges to the traditional, government-based notions of jurisdiction and, as a result, presents a set of unfamiliar problems to legal professionals. Wright discusses concepts of blockchain justice and how they relate to token assets such as money, securities, and property as well as decentralized autonomous organizations.
Speaking about the book, Charles N. Bowen - the founder of Legal Path LLC and Adjunct Professor at Georgia State University College of Law - says, “For a highly readable and reliable roadmap to the blockchain universe you won’t find a better guide than Steven Wright, whose lens captures the scope and details of this world from the heights of the monetary system and tokenomics to the inner workings of bitcoin mining, synthetic derivatives, hash functions and more. I’ll be keeping this encyclopedic work not just in my library for interesting reading, but by my desk as an indispensable guide to this rapidly evolving landscape.”
For more information, and to order a copy of the book, go to https://bit.ly/41H2rMm
Contact Info:
Name: Steven Wright
Email: Send Email
Organization: Macadamia Solutions LLC
Address: 1404 Valmont Ct NE, Marietta, GA 30066, United States
Website: https://www.DrStevenAWright.com
Source: NewsNetwork
Release ID: 89140164
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