ANU To Roll Out Blockchain Law Courses In Collaboration With Ripple
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UBRI To Create Blockchain Master’s Program With ANU
Recently, ANU has partnered with Ripple’s University Blockchain Research Initiative (UBRI) to develop the Master’s program. UBRI helps the universities to get in-depth knowledge of DLT, cryptocurrency and digital payment.
Many universities in Australia offer undergraduate courses while reviewing the relation between blockchain and law. Many institutions in Australia provide broader program courses of Blockchain but the University of Melbourne and the University of Southern Queensland offers only DLT and Blockchain related courses to the students.
The blockchain unit of ANU would be handled by Scott Chamberlain, who himself is an entrepreneurial fellow at the ANU School of Law. The course offered by the university would review blockchain and smart contract and find if it could be used to decentralize legal processes.
Chamberlain always remains very curious about blockchain. While explaining how it could be utilized, he said, “[legal dispute] deals with who are the legal identities that the law recognizes? What are the legal things that the law recognizes existing? What’s the relationship between people and things? And there’s a dispute resolution at the heart of it. When you look at the blockchain smart contract space, there are projects doing all of those things”.
Lex Automagica To Resolve Legal Issues
As an entrepreneurial fellow, it is Chamberlain’s duty to operate the ‘Lex Automagica’, which was given to ANU, in February 2019, by Ripple with $1 million in funding. Lex Automagica was developed to resolve the legal issues without including any middleman.
According to a report, the interest of blockchain in the legal industry is increasing very rapidly. In the present time, many of the academics and practitioners could be found that took the initiative to collaborate the legal industry with blockchain technology to provide a disputed conclusion which is based on decentralization.