April 2, 2018 - LSTA today released the third and final installment of the LSTA’s Blockchain and Distributed Ledger Technology White Paper. Building on the general introduction to blockchain technology and the concept of smart contracts discussed in Parts One and Two, Part Three of the LSTA White Paper discusses the potential benefits, challenges, and corporate governance issues associated with blockchain as applied specifically to the loan market.  Part One of the White Paper was released on February 1st and is a basic primer on Blockchain and distributed ledger technology and also examines public networks and restricted, permissioned networks. Published on March 1^st, Part Two discusses the concept of smart contracts, explains the relationship between traditional legal agreements and computer code, and explores how smart contracts can build on the innovation of blockchain technology and has the potential to allow parties to structure and effectuate transactions in a more efficient and secure manner than traditional contracts.  Please contact Bridget Marsh for further information or to join the LSTA Blockchain Group.