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Proposal - Center for Decentralized Law
  1. Problem
    Transacting is slow, insecure, uncertain and expensive.
    1. Problems of payment, clearing, automation and interoperability are being addressed by the FinTech and open source communities, notably in blockchain implementations.
    2. Legal compliance and optimization remain slow, uncertain and expensive.
    3. Data privacy and security remain weak.
    4. Centralization creates systemic risks.
    5. Legal codification is slow and fragmented.
  2. Solution
    Add open-source codified legal documents to blockchain automation platforms:
    1. Codify legal documents and records using the "Cmacc" data model and the tools of open source;
    2. Iterate a legal "object model" to describe persons, properties, places, transactions and relationships; and
    3. Add a layer of user-managed access control.
    4. Integrate with blockchain and other platforms, such as git, document management, document assembly and enterprise contract management systems.
  3. Impact
    1. Rapid legal codification.
    2. Improved speed, transparency and certainty in business dealings.
    3. Greater access to justice, rule of law and self-governance.
    4. Greater transparency of institutions.
    5. Improved outcomes for social objectives such as privacy, health, climate and decentralization.
  4. Sauce
    1. A simple record format that renders into documents and has the power of a "graph" object model with multiple prototype inheritance.
    2. A large number of sample legal document solutions.
    3. Fit with blockchain and OAuth-UMA security.
    4. Fifteen years of efforts regarding source-based legal codification.
  5. Status - Convergence of Blockchain, Legal and Access Security
    A number of currents are converging:
    1. Bitcoin has spurred interest in P2P transacting platforms. Among many other efforts, the Linux Foundation's Hyperledger Project brings together a large number of actors to agree on a common platform.
    2. CommonAccord has a data model (Cmacc) that can extend P2P solutions to all legal relationships and be a bridge for integration with legacy systems such as Word (legal), ECM and ERM.
    3. There is a strong tradition of legal codification via bar and trade groups, agencies and clinics, and now also legal "hackers".
    4. Decentralized access control based on OAuth and related technologies is widely used and well-understood.
    The combination of Blockchain/Cmacc/Access is ripe for open-source iteration.
  6. Plan
    There is currently no legal structure to hold the shared legal text, which we expect to evolve into a legal operating system. Nor are there national or trade-sector equivalents. Creating a structure, tentatively called the "Center for Decentralized Law" is purpose of this proposal and an expected focus of the conference at MIT on May 23-24.
    1. Conference - MIT - Digital Contracts, Identities & Blockchains
      1. Presentations and discussions with participants and stakeholders
      2. Collaboration leading up to the conference. Inclusion of experts, iteration of solutions.
    2. Proponents
      1. Founder: James Hazard
      2. Advisors: Thomas Hardjono, Marc Dangeard ....
    3. Staff
    4. Budget
  7. Ask
    Financial and structuring support for a Center for Decentralized Law