Press Release

Cooley Joins Enterprise Ethereum Alliance Working Group

August 17, 2017

New York – August 17, 2017 – Cooley has joined the Enterprise Ethereum Alliance (EEA) as a founding member of its Legal Industry Working Group.

The EEA is an industry-supported, not-for-profit established to build, promote and broadly support Ethereum-based technology best practices, open standards and open source reference architectures. Existing members of the EEA include BNY Mellon, ConsenSys, ING and JP Morgan Chase & Co. Several other global law firms and leading law schools are also taking part in the Legal Industry Working Group.

“We are thrilled to see robust interest in blockchain technology by forward-looking law firms and institutions,” said Aaron Wright, chair of the EEA Legal Industry Working Group, associate clinical professor and co-director of the Cardozo Law School’s Blockchain Project, and co-founder of the smart contract project OpenLaw, in a press release. “Lawyers are poised to serve as the catalysts for blockchain technology, and the Legal Working Group will serve as a neutral space to explore blockchain-based legal technology, develop standards for “smart” legal agreements, support emerging enterprise use cases, and tackle important policy issues raised by this new impactful technology.” 

Cooley is a world leader in fintech, alternative currencies and the blockchain, with New York-based partner Marco Santori and Boston-based special counsel Patrick Murck among the most active practitioners within this developing arena of technological disruption to financial and exchange systems, tackling regulatory, privacy, confidentiality, security issues and more.

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