LegalTech Summit, Noosa
Thanks to the LegalTech Summit for having me to present a regulatory update on Blockchain, complete with the recent Swiss update on Stablecoins taking centre stage. For a friday afternoon in sunny Noosa, Queensland, I was impressed to see so many lawyers and CIO/IT Directors taking the time away from the lure of the beach / pool to hear my presentation and present thoughtful questions on the impact of Blockchain.
The highlights from my talk:-
Blockchain and automation will have a bigger short term impact than artificial intelligence
Australia has work to do in catching up with overseas regulation in Blockchain if we want to have a thriving industry here.
ASIC's recent updates raise interesting questions and highlights the opportunities for clearer blockchain-specific guidance
Australia's lead in Anti-Money Laundering has brought unexpected benefits
Classification of tokens remains unclear and needs work
Of the four main stakeholders in decentralised systems (miners/node operators, core developers, DApp developers, end users), the DApp developers are the prime candidates to be holding the liability in the event of problems.
Jenny Katrivesis Brian Kuhn Nigel Phair Ben Scott Stefan Hajkowicz Anuraj Gambhir Saul Wakerman Tom Dreyfus Sam Flynn Pious Thomas Lisa Kozaris Bill Simpson-Young Caryn Sandler Michelle Mahoney