When the Internet of Things meets the Blockchain

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This presentation was given at the DLA Piper Warsaw Tech Summit and relates to the legal issues of the Internet of Things and how blockchain technology can support such weakness in finding a safer solution for businesses.

Law

Giulio Coraggio
Partner - DLA Piper
Giulio.Coraggio@dlapiper.com
When the IoT
meets
the blockchain

Software is eating the world
by Marc Andreessen

The IoT is changing the contractual structure

A TRILLION DOLLAR
BUSINESS
WITH SOME RISKS
WHO OWNS THE DATA?
WHO IS LIABLE
FOR A
MALFUNCTIONING?
WHICH RULES
SHALL APPLY??

Is the blockchain the solution for the IoT?

But which blockchain shall be used?
permissioned vs permissionless
FASTER
CONTROLLABLE/PRIVATE
PRIVATE MEMBERSHIP
LEGALITY
SLOWER
PUBLIC OWNERSHIP
OPEN AND
TRANSPARENT
AT RISK OF
ILLEGALITY

The blockchain can make IoT secure, but
needs to be done
properly
Giulio Coraggio
Partner - DLA Piper
Giulio.Coraggio@dlapiper.com

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