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Smart contracts and blockchain-based crowdsourced arbitration: A primer

Reading time: 11 minutes

Written by Tomoe Suzuki (Associate Author) | Mentored by Amelia Chew | Reviewed by Paul Neo 

LawTech.Asia is proud to conclude the second run of its Associate Author (Winter 2019) Programme. The aim of the Associate Authorship Programme is to develop the knowledge and exposure of student writers in the domains of law and technology, while providing them with mentorship from LawTech.Asia’s writers and tailored guidance from a well-respected industry mentor.

In partnership with the National University of Singapore’s alt+law and Singapore Management University’s Legal Innovation and Technology Club, five students were selected as Associate Authors. This piece by Tomoe Suzuki, reviewed by industry reviewer Paul Neo (Chief Operating Officer, Singapore Academy of Law), marks the third thought piece in this series. It examines the rise of blockchain-based crowdsourced arbitration platforms.

Introduction 

An earlier piece on “A brief analysis of the legal validity of smart contracts in Singapore” (“A Brief Analysis) by Louis Lau on LawTech.Asia has explored the issues surrounding the adoption of smart contacts in terms of validity. This piece seeks to build on the aforementioned piece and add on to readers’ understanding of issues that arise in the implementation of these contracts and solutions that have arisen. 

In particular, this article will compare various dispute resolution methods such as court-based litigation, mediation, arbitration (administered by arbitral institutions) to blockchain-based crowdsourced arbitration platforms (“BCAPs”) that have emerged in recent years. This piece will also provide a relatively abstract overview of how BCAPs work, the use cases they may be suited for, and highlight some of the challenges faced in increasing the adoption of smart contracts and BCAPs. 

TechLaw.Fest 2020 Quick Chats: Wong Meng Weng, Principal Investigator of Singapore Management University Centre for Computational Law; Co-Founder of Legalese

Reading time: 8 minutes

Interview by Tristan Koh and Ong Chin Ngee | Edited by Tristan Koh, Ong Chin Ngee and Josh Lee

TechLaw.Fest 2020 (“TLF”) will take place online from 28 September – 2 October 2020, becoming the virtual focal point for leading thinkers, leaders and pioneers in law and technology. In the weeks leading up to TLF, the LawTech.Asia team will be bringing you regular interviews and shout-outs covering some of TLF’s most prominent speakers and the topics they will be speaking about.

This week, LawTech.Asia received the exclusive opportunity to interview Wong Meng Weng, Principal Investigator of Singapore Management University Centre for Computational Law and Co-Founder of Legalese. Meng Weng will be speaking at the Knowledge Cafe on “What Computational Law Can Do For You” on the third day of TLF (30 September 2020).

LawTech.Asia: Media Partner for TechLaw.Fest 2020!

Reading time: 2 minutes

We are proud to be recognised by the Singapore Academy of Law as an official media partner for TechLaw.Fest 2020!

TechLaw.Fest 2020 (held from 28 September to 2 October 2020) is a signature convention in Singapore that will be the focal point for leading thinkers, leaders and pioneers in law and technology.

TechLaw.Fest 2019 – Charting the Course of Disruption in Law and Technology

Reading time: 9 minutes

By Lenon Ong, Sanjana Ayagari, Elizaveta Shesterneva | Edited by Josh Lee

As part of our strategic media partnership with the Singapore Academy of Law, LawTech.Asia once again has the privilege of being appointed as media partner for TechLaw.Fest 2020. As the programme line-up for TechLaw.Fest 2020 begins to take shape, LawTech.Asia brings our readers back to TechLaw.Fest 2019 to provide a timely recap on all that happened, as we look forward to what is shaping up to be a momentous and memorable TechLaw.Fest 2020.

In its second year in this form as a large-scale conference, TechLaw.Fest 2019 was held on 5 and 6 September 2019, and saw over 1,500 legal professionals, technologists, entrepreneurs and regulators converge to engage in critical conversations about the future of technology law and of the legal industry. 

Given the numerous conferences, exhibitions, pitches, launches and meetings all happening over 48 hours of adrenaline and excitement, this article aims to share some of the key themes and memorable moments that emerged across both days of Singapore’s (and arguably Asia’s) signature law and technology conference.

The entrance to TechLaw.Fest, just before the start of an adrenaline-fuelled two days.

A brief analysis of the legal validity of smart contracts in Singapore

Reading time: 13 minutes

Written by Louis Lau (Associate Author) | Mentored by Josh Lee | Reviewed by Lim How Khang

LawTech.Asia is proud to conclude the first run of its Inaugural Associate Author Programme by publishing the works of its Associate Authors. The aim of the Associate Authorship Programme was to develop the knowledge and exposure of student writers in the domains of law and technology, while providing them with mentorship from LawTech.Asia’s writers and tailored guidance from a well-respected industry mentor.

This first run of the Associate Author Programme was a partnership between LawTech.Asia and Singapore Management University’s Legal Innovation and Technology Club. After a thorough selection process, two students were selected as Associate Authors, where they worked on thought pieces with a mentor from LawTech.Asia. Their pieces were each industry-reviewed by a respected thought leader from the legal technology industry.

This piece by Louis Lau, reviewed by industry reviewer Lim How Khang (Assistant Professor at the Singapore Management University), marks the first thought piece in this series, and provides an analysis on the legal validity of smart contracts in Singapore.

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