DeFi, Law and Regulation by Atty. Rafael Padilla

In a paper published by Atty. Rafael Padilla, Co-Founder and Trustee of BlockDevs Asia and Professor of Law at San Beda Alabang, the application of blockchain and smart contracts in finance gives financial regulators no choice but to revisit existing rules and, at the same time, assess their relevance in the world of Decentralized Finance (DeFi) and open finance. 

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Blockchain-based Notarization and Legal Realities

The foregoing tells us that while legal-tech, particularly those employing blockchain technology, poses a lot of promise for the improvement of delivery of legal services, among others, it needs to attune itself with legal realities in order for the technology to reach its best potential.

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