The Impact of Blockchain on the Work of Legal Firms

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Among the many industries that have already been touched by blockchain, the legal sector is perhaps one of the most active adopters of this technology. There are many reasons for that, and it’s already clear that blockchain has a strong potential to change the way things work in this field to a great extent. And we’re likely just seeing the tip of the iceberg too – there are many indicators that things will get even more interesting in this regard in the coming years. But for now, it’s important for anyone involved in the legal profession to pay attention to blockchain.
The Rise of Blockchain
The technology is all around us these days, and we don’t just mean cryptocurrencies either. Many industries have started to adopt blockchain in their work with great results, especially ones that rely heavily on record keeping and maintaining an objective overview of situations. It should be of no surprise to anyone familiar with the work done by attorneys that this is a field that can benefit a lot from having a better technological foundation for its record-keeping.
Specific Use Cases
There are already various use cases for blockchain in this sector. Record-keeping is not all that blockchain is useful …Read More on Datafloq […]
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