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Smart Legal Contract Challenge
LITE Lab@HKU organised a LegalRegTechHack – Smart Legal Contract Challenge on March 30 2019 at iDendron, and welcomed all learners and legal hackers to attend!
Training: Smart Legal Contact Challenge (30 March, 2019)
Smart legal contracts can improve upon existing contracting practices by incorporating external data sources (oracles) to provide real-time status about the performance of obligations and automating various legal, business, and operational practices.
Some interesting applications being actively explored include supply chain, intellectual property management, employment, professional services (including service levels), media/entertainment, fundraising, dispute resolution and real estate – imagine a world where micropayments are prevalent!
Our participants have learnt about and hack smart legal contracts using open source Open Law and Accord Project/ ContractPen, and then created innovative solutions for private sector and public benefit!
Non-coder law students and lawyers as well as expert hacker computer science students and programmers were welcomed.