Ethereum Alliance Adds Perkins Coie to Legal Industry Working Groupbr>
Formed in February of this year, EEA is seeking to evolve ethereum so that it can serve as an enterprise-grade technology. EEA is also investigating hybrid architectures that span both permissioned and public ethereum networks, as well as industry specific application layer working groups.
Perkins Coie is a legal adviser to the EEA since its launch. The partnership focuses on educating the legal industry about the benefits of blockchain technology and the development and standardization of core ethereum-enabled technology.
Perkins Coie will join the Legal Industry Working Group’s existing members that includes JPMorgan Chase & Co., ING, BNY Mellon, ConsenSys, Cooley, Debevoise & Plimpton, Goodwin, Hogan Lovells, Holland & Knight, Jones Day, Latham & Watkins, Morrison & Foerster, Shearman & Sterling, Cardozo Law School, Duke Center on Law & Technology, and the Department of Legal Studies and Business Ethics at the University of Pennsylvania’s Wharton School.
EEA said that the swift expansion of the Legal Industry Working Group is due to the fact that an increased number of legal professionals are showing interest in blockchain technology. EEA believes this working group will serve as a base for the success of “various efforts taking place within the organization.”
“Perkins Coie has been at the forefront supporting evolving blockchain technology,” said Dax Hansen, chair of the firm’s Electronic Financial Services and Blockchain Technology & Digital Currency industry groups. “With many innovative firms and institutions as partners in this effort, connecting and working with Fortune 500 corporations, startups and experts in the space will expand overall legal industry knowledge on the unique advantages that blockchain technology provides. We are honored to be a member of the EEA Legal Industry Working Group.”
“The focus of the EEA Legal Industry Working Group dovetails with Perkins Coie’s efforts in advising our financial services clients on the diverse uses of blockchain technology,” said Perkins Coie chief information officer Rick Howell. “Blockchain technology’s potential for changing the legal, financial, regulatory and technological landscape is enormous, and we look forward to collaborating with our partners in this group to implement blockchain technology into business operations and turn blockchain into a mainstream tool.”