Law firm Baker Donelson has joined the Accord Project, a legal industry organization focused on developing smart legal contracts.
As a member of the program, Baker Donelson will assist in the development of industry-wide standards for smart legal contracts. The mission of the Accord Project is to establish open-source techno-legal standards to facilitate the widespread adoption of smart legal contracts.
Chris Sloan, chair of Baker Donelson’s Emerging Companies Group and leader of the firm’s Blockchain & Cryptocurrency team, says, “With blockchain poised to become an integral part of how our clients do business, we’re proud to join with the Accord Project in this innovative collaboration, and we’re looking forward to helping lead the way in the development of smart contract standards.”
Peter Hunn of the Accord Project says, “The Accord Project is delighted to have Baker Donelson join to collaborate with other leading law firms, technology providers and industry bodies. It’s a testament to the necessity of an industry-led specification for smart legal contracts that we’re able to attract and work with law firms of Baker Donelson’s quality.”
More at www.accordproject.org
Source: Baker Donelson