Asia's Leading Law & Technology Review

Tag: Associate Author

Libra: Highlighting Regulatory Challenges for the Future of Cryptocurrencies

Reading time: 14 minutes

Written by Jaye Tan (Associate Author) | Mentored by Ong Chin Ngee | Reviewed by Ian Lee

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.

As part of a 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 Jaye Tan, reviewed by industry reviewer Ian Lee (Lead Investigator, Merkle Science), marks the second thought piece in this series, and examines the regulatory challenges of cryptocurrencies.

Abstract

In June 2019, Facebook announced that they were launching their own cryptocurrency Libra Coin under the Libra Association. Already facing governmental scrutiny over privacy issues over the social network, the announcement exacerbated intense attention from not only United States lawmakers and politicians, but the general public. On 23 October 2019, Mark Zuckerberg was subject to over six hours of questioning – elucidating the key concerns lawmakers have with regard to the regulation of cryptocurrencies. These regulatory challenges are not unique to the US, but apply worldwide to regulatory authorities dealing with the budding technology. With the legislation of the Payment Services Act, Singapore has set a regulatory framework which may be the leading framework for countries to adopt going forward.

Legal Tech-ing Our Way to Justice

Reading time: 10 minutes

Written by Jasmine Ng (Associate Author) | Mentored by Andrew Wong | Reviewed by Yap Jia Qing

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.

As part of a 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 Jasmine Ng, reviewed by industry reviewer Yap Jia Qing (Founder, Emerging Tech Policy Forum), marks the first thought piece in this series, examines how legal technology can be better used in Singapore to improve access to justice.

Introduction

From the ubiquitous presence of virtual assistants like Amazon’s Alexa and Apple’s Siri, to the achievements of Google’s DeepMind technologies on facial recognition and machine learning, Artificial Intelligence (“AI”) and other data-based technology are a growing part of everyone’s lives. Technological advancement has also made a huge impact on the legal industry. In his speech at the Opening of the Legal Year 2019,[1] Singapore’s Chief Justice, Sundaresh Menon CJ, recognised technology as a key driving force of the seismic changes to the legal industry’s operating environment. 

With this changing landscape in mind, the Singapore Judiciary has taken steps to maintain Singapore’s position as a progressive, adaptive and forward-looking judiciary.[2] Digitalisation is now a key pillar of Singapore’s legal system transformation efforts, which is in line with the Digital Government Blueprint in support of the Smart Nation initiative.[3]These developments are to be welcomed, as they tackle concerns about access to justice (which have been  increasing in the wake of rising inequality). With this context in mind, I will analyse how technology is being used in our legal industry, and how the benefits of legal technology can be better harnessed to improve access to justice.

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.

Open Source Development of Legal Technology

Reading time: 8 minutes

Written by Danielle Sim (Associate Author) | Mentored by Jennifer Lim Wei Zhen and Amelia Chew | Reviewed by Jameson Dempsey

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 Danielle Sim, reviewed by industry reviewer Jameson Dempsey (Residential Fellow at the Stanford Centre for Legal Informatics), marks the first thought piece in this series, and deals with the issue of open source development of legal technology.

Danielle would like to extend her heartfelt thanks to Jameson Dempsey, Alexis Chun (Legalese), Amelia Chew and Jennifer Lim Wei Zhen (LawTech.Asia) for their invaluable and helpful guidance in the writing of this piece.

Powered by WordPress & Theme by Anders Norén