The risks and potential significant losses tied to blockchains can be lost in all its hype. (Photo: Shutterstock) The risks and potential significant losses tied to blockchains can be lost in all its hype. (Photo: Shutterstock)

The risks and potential significant losses tied to blockchains can be lost in the hype of large companies deploying smart contracts, cryptocurrencies and other blockchain-powered programs. However, as companies leverage blockchain for valuable work, more are auditing those platforms to detect any coding errors that could lead to losses, lawyers contacted by Legaltech News said.

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Victoria Hudgins

I am a reporter for Legaltech News where I cover data privacy, cybersecurity and technology's impact on the business and practice of law.