a. block chains are the future of databases
no, it’s good for sharing.
b. smart contracts will nullify the law profession
They are great for automating run-of-the-mill rules-based repetitive tasks but not for negotiating the legality of company scale mergers
*smart contracts: protocols that facilitate, verify or enforce the negotiation or performance of a contract, or that make a contractual clause unnecessary.
c. blockchain is the solution to all the world’s problems
blockchain should be viewed as ‘an enabling tool’ and not as a solution.