Smart Contracts, Blockchain and Distributed Ledger Technology (DLT) in the Work of a Lawyer

Abstract

A number of tools used within LegalTech 2.0. and 3.0. apply blockchain and distributed ledger technologies 3 . This is not a new technology, the concept of distributed record keeping is over 50 years old (a memorandum no. RM-340-PR by Paul Baran 4 from 1964). What is innovative, is its application in a law firm and its adaptation to the needs of lawyers. Blockchain has been around for a number of years (paper by a 'Satoshi Nakamoto 5 ' from 2008) and has been identified by, among others, the European Union 1.