Bar Bulletin

Bar Bulletin

Blockchain – What’s It Good for Anyway?

September 2018 Bar Bulletin

By Hunter Ferguson and Blake Holbrook

Blockchain is good for lots of things. Admittedly perhaps not as many as hype might suggest. From rollercoaster cryptocurrency prices to claims of silver-bullet privacy solutions, current uses and promises of blockchain technology create almost as many questions as they answer. But there are activities with practical and societal significance that blockchain stands to greatly improve. After reviewing blockchain basics, we consider three of them: voting, title recording and intellectual property licensing. Each presents problems of information integrity and verifiability. Blockchain offers potential solutions.

Blockchain 101
You might have heard blockchain defined as a decentralized ledger of immutable transactions across...

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