It has come to my attention that my article "Implications of the Blockchain Technology for the UNCITRAL Works" had been published from the United Nations in November last year. The 50th anniversary Congress was a big occasion for UNCITRAL and it was my great honour to be part of it. Here is my article excerpted from the...

I will be presenting my thoughts on the subject above in the upcoming Congress of the UNCITRAL for the celebration of its 50th anniversary (4-6 July 2017).My paper currently on the Congress website is a version which I sent to the UNCITRAL Secretariat some months ago and which no longer represents my latest thinking...

In my earlier post, I have noted that there are no fewer than three different functions which an electronic record issued and transferred on a blockchain can fulfill. Each of them has a great potential but needs support from legal infrastructure. Thus, no electronic record can be deemed to embody an entitlement to the...

In my earlier post, I have suggested that one of the most promising use cases of the blockchain technology is electronic bill of lading: a token on a blockchain issued by the carrier of goods which represents the right to demand the delivery of the goods.In another of my earlier post, I have pointed out that while many...

Various proposals have been made to use the blockchain technology for purposes other than to issue and circulate cryptocurrencies. Many of them seem to rest on the assumption that the participants could make effective arrangements themselves. Things will not, however, work according to their plan when disputes arise between...