Redesigning your contract using Legal Design Principles presents a way to streamline contracts to make them more understandable to everyone who reads them. Achieving such a level of standardization means your contracts are clear, legible, and binding.
Reading time: 3 minutes. Photo by Ben Kolde on Unsplash
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The COVID-19 pandemic has had a dramatic effect on global trade, disrupting industries, economies, and supply chains. Prolonged lockdown periods caused a supply and demand shock. Governments, businesses, and individual consumers struggled to procure basic products and materials. Most of them were forced to confront the fragility of the modern supply chain to achieve better supply chain resilience.
Reading time: 3 minutes. Photo by Brett Jordan on Unsplash
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There are several steps to follow if you want to streamline supplier onboarding and reduce counter party risk. These strategies can help you set up a process and and improve efficiency.
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The tokenization of assets is creating a new economy by reshaping financial markets through the inherent qualities of DLTs. Asset tokenization is creating a new financial market that is more democratic, efficient, and global.
Reading time: 5 minutes, Photo by Donny Jiang on Unsplash
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Smart Legal Contracts are capable, in principle, of forming binding contracts which will be upheld under English law. This may mark the beginning of a new era! The evolution of property in contracting is becoming real! The adoption of Smart Legal Contracts and the scope of legal principles in contract under English law is evolving: a summary of the Law Commission report on Smart Contracts.
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Globalization – and now the COVID-19 pandemic – created new barriers to doing business but also presented new opportunities for the increased adoption of blockchain technology. And more specifically – smart contracts.
Examining the current Regulatory Framework For Smart Contracts and opening a debate for potential improvement in the existing regulatory framework for smart contracts is the objective of this article.
Reading time: 5 minutes, Photo by Tingey Injury Law Firm on Unsplash
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