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3:40 - 4:20 Brian Patrick EhaPatrick MurckMark Shelby SmithPeter Van Valkenburgh


Smart Contracts – Transforming Traditional Financial Services Processes


Brian Patrick Eha
Reporter, American Banker

Patrick Murck
Fellow, Berkman Center for Internet & Society at Harvard University

Mark Shelby Smith
CEO and Founder,

Peter Van Valkenburgh
Director of Research, Coin Center


Session Description

Another process blockchain technology has the potential to disrupt is the origination and servicing of legal contracts. These software programs automate the work of lawyers, collection agents, repo men and others by validating the conditions of a contract and enforcing outcomes through code. Although useful across industries, the applications for financial services could prove to be transformative in the areas of capital markets, digital wallets, loans, escrow and much more.


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