LawTech.Asia

Asia's Leading Law & Technology Review

Tag: josh lee

The World Legal Summit: Informing and Taking Action – Physically and Virtually

Reading time: 5 minutes

Written by Josh Lee and Aileen Schultz (Founder, World Legal Summit)

The World Legal Summit (WLS) is a 30+ city, 20+ country initiative designed to bridge the gap between legislative understanding and emerging technologies. Part One will occur in physical locations simultaneously across a 24 hour window on August 1, while Part Two will occur between September 6  to 8. The WLS will also provide global networking and remote participation opportunities in a virtual world. 

Introduction

Technology and global systems are evolving at unprecedented rates, with humanity now poised at the tip of the exponential curve of technological evolution. There is, however, a lack of incentives to create required legislative and regulatory frameworks for the proper governance and responsible use of such technologies. Further, legal advances in technology governance – typically developed in silos – are not keeping pace with the development of technology. In turn, this creates a governance and trust deficit between emerging technologies, their associated global systems, and the necessary frameworks for a globally sustainable future.

While the legal industry has seen global initiatives to drive technology in legal practice (such as through global events such as the Global Legal Hackathon), the World Legal Summit (“WLS”) tackles the converse challenge of legal and regulatory issues relating to new technology. It is primarily focused on emerging technologies that are global in nature and that are facing complex regulatory challenges. In its inaugural year, the WLS will be focusing on the following three technology categories: 

  • Identity and Personal Governance;
  • Autonomous Machines; and
  • Cyber Security and Personal Data.

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Asia Law Portal’s 30 People to Watch in the Business of Law in Asia in 2019

Reading time: 1 minute

LawTech.Asia is tremendously humbled to have 5 of its members featured on Asia Law Portal’s 30 People to Watch in the Business of Law in Asia in 2019!

The list tracks the likely movers and shakers of the legal industry in 2019, and LawTech.Asia is fortunate to be named alongside luminaries such as Ms Teresa Cheng (Hong Kong Secretary of Justice) and Ms Melissa Kaye Pang (President of the Hong Kong Law Society) for this year’s edition.

LawTech.Asia has an unwavering goal – to inspire legal innovation through partnerships and thought leadership. By the nature of our work, we walk alongside and are supported by giants who stand tall in their fields. Hence, this achievement has come very much as a pleasant surprise to all of us. We have met many leaders at the forefront of legal tech in the region, all of whom would more than deserve a spot on the list.

Nevertheless, this recognition only strengthens our resolve to work even harder towards our vision of become “The Economist of legal technology in Asia”.

We dedicate this to all of LawTech.Asia’s partners. This recognition belongs to you as much as it means to us.

From all of us at LawTech.Asia, a very big thank you.

The LawTech.Asia Team

#LexTech18 Quick Chats: Aditya Shivkumar, Resolve Disputes Online (RDO)

Reading time: 3 minutes

Interview by Jennifer Lim, Josh Lee, and Ong Chin Ngee | Edited by Josh Lee

Organised by Malaysian legal tech startup CanLawLexTech Conference 2018 is an APAC-wide regional legal technology conference taking place from 25 to 26 October 2018 in Kuala Lumpur. LexTech Conference 2018 aims to drive legal tech adoption in the region and strengthen the regional legal tech community. In the lead-up to LexTech Conference 2018, the LawTech.Asia team will be bringing to you regular interviews and shout-outs covering prominent individuals who are involved in the conference.

LawTech.Asia spoke with Aditya Shivkumar, Co-Founder of Resolve Disputes Online (“RDO”), about smart contracts and online dispute resolution (“ODR”) – a topic that Aditya will be speaking on at the LexTech Conference.

What are smart contracts, and what sort of transactions can it be used for? How specifically do you think smart contracts can be applied in ODR?

Smart contracts are not your conventional paper-based contracts. It actually consists of lines of code. There are multiple coding languages for smart contracts, such as Solidity or Bamboo (if one is executing a smart contract on the Ethereum network). Smart contracts utilise blockchain technology. The former is the front-end, while the latter is the back-end. 

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