Energy Industry and Blockchain: New Applications and Issues for Counsel

Distributed Ledger Technology in Energy, Smart Contracts, Regulatory Concerns

A live 90-minute premium CLE webinar with interactive Q&A


Tuesday, October 29, 2019

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, October 4, 2019

or call 1-800-926-7926

This CLE webinar will provide counsel with an examination of current and potential uses of blockchain in the energy industry. The panel will discuss the potential advantages of DLT in cost-efficiency, cybersecurity, and fraud protection, as well as the legal and structural concerns in implementation.

Description

Blockchain may offer extensive opportunities for the energy industry. Blockchains and distributed ledger technology (DLT) can enable self-executing "smart contracts" coded to execute actions within a contract cycle if/when specific conditions are met. Such contracts have the potential to significantly reduce transaction time and costs, especially with repetitive, clerical tasks such as payments on specified dates and supply chain deliveries.

Blockchain technology may offer energy producers and providers innovative ways to buy and sell energy and presents new challenges under the current, highly regulated regime.

Counsel to companies in the energy industry must grasp the technology and legal ramifications of blockchain to advise clients on creating or participating in a blockchain.

Listen as our authoritative panel explains the technology fundamentals of blockchain and DLT and its growing application across the energy industry. The panel will also discuss some of the legal issues involved with blockchain-based offerings, including government regulations, privacy laws, intellectual property, and smart contract enforcement.

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Outline

  1. Characteristics of blockchain and DLT
    1. Decentralized, peer-to-peer database
    2. No intermediary required
    3. Differences between blockchain and DLT
  2. Applications in energy
  3. Legal concerns and challenges for energy counsel

Benefits

The panel will review these and other key issues:

  • What is a distributed ledger, and how does it change the way transactions and information are documented?
  • How can smart contract enforcement be embedded in a distributed ledger or blockchain?
  • What are some of the current and proposed uses for blockchain in the energy industry?
  • What legal issues arise with blockchain that are not present with more conventional formats for transacting business?

Faculty

Endemann, Buck
Buck B. Endemann

Partner
K&L Gates

Mr. Endemann is a partner in the firm’s power and environmental practice groups and focuses on developing,...  |  Read More

Hartnett, Sam
Sam Hartnett

Research & Market Development Manager
Energy Web Foundation

Mr. Hartnett works with EWF core technology, business development, and product development teams to bring...  |  Read More

Smolinski, Zach
Zach Smolinski

Principal
Smolinski Rosario Law

Mr. Smolinski is an experienced general counsel having a focus on intellectual property, transactional, and M&A law...  |  Read More

Live Webinar

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Live Webinar

$297

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Live Webinar & Download

$394

Live Webinar & DVD

$394 + $19.45 S&H

Other Formats
— Anytime, Anywhere

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Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$297

Download

48 hours after event

$297

DVD

10 business days after event

$297 + $19.45 S&H