Category: law

Explore the RegTech Revolution

Smart Contracts Are No Problem for the World’s Legal Systems, so Long as They Behave Like Legal Contracts

Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the globe, and to ensure that norms, regulations and laws are being observed. For a while, it…
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8th February 2019 0

The swift climb of regtech: How technology is transforming regulatory compliance

Having emerged from obscurity to be the new buzzword, here’s what you must know about regtech. Worldwide, financial services in all forms are subject to extensive regulatory supervision for the protection of a large number of stakeholders. Regulatory compliance – characterised by long and tedious processes and costs – has largely been considered a “necessary…
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6th February 2019 0

New contract battleground for AI in law

Managing mountains of contracts held by in-house legal departments is emerging as the next big battleground for artificial intelligence in law. Cambridge-based start-up Luminance has revealed a move into the corporate market by announcing that financial services company Think Money Group had adopted its technology – up to now, installed mainly in law firms – to…
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14th November 2018 0