Internet of Agreements
23rd February 2018
The Second Internet of Agreements Conference
On 23rd February 2018 we hosted the second Internet of Agreements™ conference. The subject of this conference was Blockchains and World Trade. Speakers addressed the question: Can blockchains grow the world economy?
The videos as well as transcripts from the talks, panels and interviews will be made available in the coming weeks. You can subscribe to our newsletter below to be notified.
09:30 - 11:00 - Coffee
11:00 - 11:15 - Keynote TBC
11:15 - 12:30 - Panel "Law and Global Trade in the Era of Blockchain"
12:30 - 13:30 - Lunch
13:30 - 14:30 - "Mattereum: Automating And Enforcing Decentralised Commercial Law For Business On The Blockchain"
14:30 - 14:45 - Coffee
14:45 - 15:45 - "Blockchain in the Manufacturing Supply Chain - Implications for Trade and the Global Economy"
15:45 - 16:00 - Coffee
16:00 - 17:00 - “The Economic Impact On World Trade Of Smart Ledgers”
17:00 - 17:15 - Closing Remarks by Jeremy Silver, Digital Catapult
17:15 - 21:00 - After Conference Drinks. TBC
"Law and Global Trade in the Era of Blockchain" – Panel TBC
With Chris Wray (Mattereum), Clive Freedman (3 Verulam Chambers), Stephen Palley (Anderson Kill), Tju Liang (Chris Chua & Associates), Adam Sanitt (Norton Rose Fulbright).
From the SEC and ICO perspectives to advances in understanding of how the blockchain interacts with existing legal structures, this panel will cover all the legal aspects of the current blockchain space.
"Mattereum: Automating And Enforcing Decentralised Commercial Law For Business On The Blockchain" - The Mattereum Team
Mattereum is at the forefront of bringing blockchain from a powerful if niche technology to one having a real, even fundamental, impact on the world economy.
Co-founders Vinay Gupta and Rob Knight will be joined by Chief Legal Officer Chris Wray and Chief Engineer Mihai Cimpoesu as they discuss what it is they have been doing with Mattereum and the future of a blockchain technology that truly integrates with international commercial law.
"Blockchain in the Manufacturing Supply Chain - Implications for Trade and the Global Economy"- Jeremy Goodwin, Syncfab
International trade depends on making and enforcing agreements between counterparties in different jurisdictions. How can blockchains and smart contracts support easier creation of commercial agreements and resolution of disputes between businesses around the world? Seamlessly executed smart contracts not only stand to disrupt the existing supply chain industry but also the theoretical foundation of international contract law. Although international trade contract and dispute resolution framework treaties have facilitated the steady growth of international trade and development from GATT to the WTO, we now stand to see a new era of international trade prosperity through the adoption of smart contract blockchain technology. The point of decentralized, blockchain-powered smart contracts is to facilitate seamless, conditional agreement-based transactions by disintermediating trust brokers for reliable, trustless trade; hence the global economy and international trade stand to benefit tremendously as multi-national corporation compliance departments are onboarded.
“The Economic Impact On World Trade Of Smart Ledgers” - Michael Mainelli, Z-Yen
Smart Ledgers are the ‘next big thing’ in technology. They are based on a combination of mutual distributed ledgers (MDLs, aka blockchain: multi-organisational databases with a super audit trail, used since 2009 in cryptocurrencies) with embedded programming and sensing, thus permitting semi-intelligent, autonomous transactions. Smart ledgers are touted as a technology for fair play in a globalised world. There are numerous projects building trade systems using this technology, with announcements from governments, shipping firms, large IT firms, and the like.
The Worshipful Company of World Traders, along with the Z/Yen and Long Finance’s Distributed Futures research programme (sponsored by the Cardano Foundation), commissioned a piece of research entitled, “The Economic Impact On World Trade Of Smart Ledgers” from Cebr (Centre for Economics and Business Research) to quantify the potential impact of MDL technology on international trade. The result is an econometric mapping of trade frictions that MDL technology might be able to offset, especially in the realm of non-tariff and bureaucratic barriers to trade. The Master World Trader, Professor Michael Mainelli, Executive Chairman, Z/Yen Group will present some preliminary findings. The full report is scheduled for release in March.
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