Copy link
Increase text size
Decrease text size
Link copied

Global Legal Blockchain Consortium surpasses 150-member mark

Mon, 26 Nov 2018, 12:20 pm UTC

The Global Legal Blockchain Consortium (GLBC), an initiative focused on driving the adoption of blockchain in the legal industry, has added new members and has surpassed the 150-member milestone, Artificial Lawyer reported.

Founded in August 2017, GLBC comprises of large companies, law firms, software companies and universities that have teamed up to develop standards to govern the use of blockchain technology in the business of law. It focuses on a broad range of issues such as data integrity, authenticity, security, document privacy as well as interoperability between corporate legal departments and law firms.

Members include Nimble, Zunic Law Firm, Wolters Kluwer Legal & Regulatory, Fasken, BakerHostetler, BYU Law, the University of Oklahoma College of Law, Latham & Watkins, IBM, and many others. The recently joined members include Baker McKenzie, K&L Gates, Goodwin Procter, Pinsent Masons, and University of Florida

David Fisher, founder of GLBC and founder & CEO of Integra Ledger, told Artificial Lawyer that GLBC is one of the largest blockchain consortia of any type in the world in terms of established entity members (as opposed to individual users).

Underscoring the importance of AI data analysis tools for the future development of legal blockchain tech, he said:

“We believe that AI and blockchain technologies will combine in powerful ways that render both technologies more impactful for the legal industry.”

Integra Ledger is the first project of the GBLC. Currently based on the open source Hyperledger Fabric blockchain and hosted on IBM Blockchain Platform, it is a utility blockchain for confirming integrity and authenticity of legal data.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $7,178.84 (-1.11%)
  • Ethereum (ETH) $143.19 (-1.00%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $208.72 (-0.59%)
  • Litecoin (LTC) $44.09 (-0.08%)
  • Bitcoin (BTC) $7,178.84 (-1.11%)
Dec 14, 2019 (Saturday)
05:44
Darknet marketplace Hydra launching an ICO on Dec.16 to fund its global expansion
Dec 13, 2019 (Friday)
12:50
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:49
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:25
Crypto Technicals: BCH/USD edges above 5-DMA, near-term upside likely on break above 20-DMA (211.74)
11:24
Terra launches stablecoin-powered payments service in Mongolia
10:37
Crypto Technicals: Ripple (XRP) edges higher from session lows at 0.2154, 'Hammer' at lows raises scope for minor gains
10:22
Korean cybersecurity firm partners with R3 for digital asset management and MPC technology
08:55
SEC charges Shopin’ founder with orchestrating ICO fraud; Accused deactivates social media, Telegram account
08:55
Crypto exchange Kraken looking for operations director to helm ‘special-purpose depository institution’
07:49
Twitter looks to blockchain to decentralize social media
07:03
Crypto Technicals: LTC/USD flashes signs of recovery, 'Dragonfly Doji' and 'Bullish Divergence' could support minor upside
06:22
ING bank developing custody project for digital assets: Report
06:18
Basel Committee on Banking Supervision mulls designing global prudential standard for crypto-assets
05:28
Franklin Templeton leads blockchain-based social impact platform’s funding round
04:58
Crypto Technicals: BTC/USD breaks above 50H MA, 'Bullish Divergence' could support further gains
04:44
TokenSoft submits transfer agent filing to the SEC; Decision to arrive in 30 days
04:33
Crypto Technicals: ETH/USD recovery lacks traction, upside capped at 5-DMA
04:33
Glencore joins Responsible Sourcing Blockchain Network for tracing cobalt
03:24
Grant Thornton releases second report on Cryptopia liquidation; Pulls back nearly $5M from various sources
03:23
Chainalysis launches compliance solution for Bitfinex amidst class-action lawsuit
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft