Autonomy and Automation:
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- The movement of "open source," "peer-to-peer", blockchain, CommonAccord ("P2P") is about to engulf transacting.
- P2P is arriving in the context of:
- the massive centralization and automation of production, marketing, transport and finance ("supply");
- the internet of things coming to life; and
- artificial intelligence becoming at least as good as humans at most tasks required to run an automated system of supply.
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- The conference will explore a simple, legally-enabled approach to P2P which we think has substantial advantages, notably in security, safety and legitimacy.
- The foundations are:
- A peer-based approach to records and transacting;
- A flexible "object model" for legal relationships; and
- Wikipedia-like sharing of forms, boilerplate and other text.
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> - Technically, this is based on:
- the CommonAccord data model as a format for transaction records;
- cryptographically-secured access to records; and
- blockchain-based automation (smart contracts) and proof.
> - We expect the focus of the the conference to be presentation of projects and discussion to raise awareness among legal, business and government leaders of the impact of this codified, peer-based approach to law and transacting.
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