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yes so blockchain is a new word for the
law it’s uh what it refers to is
distributed Ledger technology which is
is another mouthful uh but the word that
most people have heard of is Bitcoin and
uh so cryptocurrency like Bitcoin uh
like its uh brother technology ethereum
relies I distributed Ledger technology
and it has been around for about 15
years now and has uh blown up into a $2
trillion doll economy believe it or not
the amount of money in cryptocurrency
these days is about the same as the
amount of money in the South Korean
economy so let’s thinking think of it uh
from that perspective blockchain
litigation in cryptocurrency has created
its own digital economy now and there
are entire businesses that are being
built on this digital infrastructure and
so the issues that arise in blockchain
litigation are by and large similar to
the issues that arise in modern
commercial litigation the one
significant difference I think uh would
be the technological knowhow uh that it
takes to uh interpret the transactions
that are occurring within the blockchain
economy and to be able to detect and
proove wrongdoing or negligence
Columbia, SC attorney Graham Newman talks about the types of issues that are giving rise to blockchain litigation.