Understanding Smart Contracts

This lesson provides an introduction to smart contracts and blockchain. In a time when rampant concerns over data governance and consumer privacy have profoundly impacted legal operations and client service, the ability of blockchain technology to help improve compliance, security, and accessibility, has been in high demand. This panel of experts discuss how smart contracts can increase efficiency, save time and reduce costs, as well as discuss their limitations and the associated legal issues. Additionally, you will learn how smart contracts use computer code and coding basics, as well as how to design and navigate a smart contract in professional practice. Topics discussed in this lesson: 1. Smart Contracts & Blockchain 2. Uses of a Smart Contract 3.