[2016-01-07] Is Blockchain Evidence Inadmissible Hearsay?

[Sturgeon]

As will be seen, the new blockchain receipts are claimed to be algorithm-produced, permanent, and cost-efficient because they eliminate the middlemen or back-room processors and verifiers of the transaction. On the other hand, there is the trechant criticism of bloomberg.com blogger Matt Levine that such a receipt is less useful than a notation on an Excel spreadsheet. Whether the Digital Asset business model is more beneficial than Excel is the core of Digital Asset’s future viability.



Read more: http://www.law.com/sites/jamesching/2016/01/07/is-blockchain-evidence-inadmissible-hearsay/#ixzz3wcTTK3DO