Ted Augustinos, a member of the steering committee of the Privacy & Cybersecurity Practice Group of Locke Lord and Managing Partner of the Firm’s Hartford office, and Christopher Barth, a Partner based in Locke Lord’s Chicago office, co-authored an article for Insurance Journal on privacy concerns for insurers in blockchain technology that was referenced in a piece examining 15 emerging insurance risks that are worth watching. The author notes that Augustinos and Barth “point out that some of the benefits of blockchain — immutability, transparency and decentralization — also present concomitant risks” specifically when looking at the use and risks of smart contracts.
To read the full article, click here.
To read Augustinos and Barth’s original article, click here.
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