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Smart Contracts and the New Reality

New market and new reality

In front of the heavy bookshelves of the city’s law offices that store hard copies of the All-England Law Reports since 1890 to date, lawyers are talking with young people, clients, and experts, about science-fiction computer-geek terms like “blocks” and “distributed” and “permissioned ledgers”, “hashing” and “mining”, “full” and “half nodes” and many more peculiar blockchain technical things.

So, what happened? Why do now the hard-to-book-an-appointment-with partners of prestigious law firms, sit opposite young people, talking techy stuff?

Well, in a few words, the tech-geeks managed to create a $3 trillion market. And if you wonder, how and where this market operates, we take it in brief, step by step below. Read more…