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When Art Goes Digital – Nick Kirby discusses smart contracts on BBC Click

Posted on 15 March 2021

Legal Director Nick Kirby was interviewed on the BBC's Click, the programme that looks at the tools that will revolutionise business and personal life. The episode, 'When art goes digital' looks at a new way of buying and authenticating assets online.

Nick discussed smart contracts and their use for purchasing a house. In 2019 Mishcon de Reya, alongside HM Land Registry's Digital Street and other parties, built a distributed ledger technology that enabled a digital transfer of property, bringing the transaction time down from 22 weeks to just under 10 minutes.

Nick said; "However we do this it needs to be done in such a way that everyone can consume it. Without understanding what blockchain is, without understanding what tokenisation is."

To watch the full episode click here (Interview begins at 7:50).

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