20180823 UK Government proposes central register for all enforceable contracts

Nigel Morris-Cotterill

The UK’s Law Commission plans an Ethereum-like contracts execution platform.

No problem so far.

But then it wants to go further and make all contracts of certain types executable only via the platform.

So while you won’t need to use the platform to buy a Mars Bar or to execute a will, you will need to use it for, amongst other things, a trust deed and a power of attorney, if the Law Commission succeeds.

It’s a serious assault on personal privacy, no matter what “safeguards” might be proposed or introduced.

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