01.09.2018

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General News

Dax Hansen was quoted in the Bloomberg Big Law Business article, "Blockchain Makes New Waves as Law Firms Build Expertise," regarding the growth of Blockchain and it implementation.

Perkins Coie’s blockchain practice has quadrupled to 40 lawyers in five years. Hansen estimates each spends anywhere from a third to all of their time working on blockchain matters.

“It was not as sexy in 2012 or 2013,” said Hansen, who focuses his practices on IT, payments and international business transactions.

“Lawyers like shiny things, and so there has been a huge spike in interest in blockchain law, especially over the last year,” said Hansen.

Hansen is a member of the legal industry working group of the Enterprise Ethereum Alliance (EEA), a 501(c)6 non-profit dedicated to helping business understand and implement Ethereum, a blockchain-based computing platform.

Hansen said the collaborative spirit stems in part from the collaborative, democratic nature of blockchain technology itself.

“As a general principle, blockchain technology, distributed ledger technology, cryptocurrency, has a unifying effect on people,” he said. “It has a community influence.”