Blockchain and the Law Series: Part 2 - Smart Contracts as Legal Contracts

For the second part of Blockchain and the Law series, a lecture will be presented on the legal aspects of smart contracts, their enforceability in law, and the technology's potential to automate contract execution, significantly reduce counterparty risk, and discourage disputes.

ABSTRACT: The validity and enforceability of a smart contract must be assessed in each case relative to the specific facts, circumstances and legal context. But a smart contract should not be considered void or unenforceable solely on the ground that it is in electronic form (i.e., code), as long as the substantive conditions required by law to effectuate an agreement are met.

Thank you very much to our sponsors:

• Cerebro Labs
• Cashcart.io

IMPORTANT ADVISORY:
The Blockchain and the Law Series will differ significantly from our usual meetup format. The focus of the event will be to educate our community on the legal aspects of blockchains. Unless you are very interested on this special area and will actively participate in the conversations, or if you are easily bored by academic presentations, we advise you to skip the lecture series and stay tuned for upcoming meetup announcements.

REMINDERS
Our community is rapidly growing. We need more volunteers and considerable resource to arrange for our meetups. If you wish to help, sponsor or contribute to this event, please contact our organizers (rafpadilla@farcovelaw.com).

This is a free event that is open to anyone interested on the topic. No need to seek permission if you wish to attend although we need you to RSVP.