Smart Contracts and the Role of Lawyers (Part 3) – About Lawyering Transactions on Blockchains – Biglaw KM
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Today, information concerning the assets and liabilities of even “public” companies is obscured, widely dispersed and often untrustworthy. But imagine a future in which a target company’s internal financial and transactional history (including all substantive contracts with third parties) is readily accessible online to permissioned legal counsel and financial auditors, fully traceable back to their sources, immutable and completely trustworthy.
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