Session Title: "Legal Framework and Enforceability of Smart Contracts in the United States"
Speaker: Buford Pollett, Genave King Rogers Assistant Professor of Energy Law and Commerce, The University of Tulsa, USA
Watch the Session: https://app.knowmia.com/JoVf

Session description: In the United States, states generally regulate contract law unless preempted by federal law. Additionally, not all smart contracts are legal contracts. For those smart contracts that parties consider legal contracts, some of the current frameworks for legal contracts are sufficient for smart contracts. Some states are currently considering introducing legislation relating to smart contracts in electronic transactions. This session will examine the current legal framework and provide an analysis of needed changes in the current legal framework concerning the enforceability of smart contracts.

Bio:  Buford Boyd Pollett is a licensed Attorney in Oklahoma, Texas, Louisiana, and Georgia. He is also a licensed Geoscientist in Texas and a proctor in maritime law. Pollett is also the Genave King Rogers Assistant Professor of Energy Law and Commerce at The University of Tulsa bringing over 15 years of domestic and international legal experience serving his clients at the senior counsel, manager and director level. His energy experience includes work with Eni (the Italian National Oil Company), Wilson Offshore & Marine, McDermott, Technip, Entergy, Amoco, Texaco, Nabors, and a Shell-Exxon joint venture in Germany (BEB Erdgas und Erdöl). He has an MS/BS in Geology from the University of Georgia, a Master in International Business Management from Pepperdine University and a Juris Doctorate degree from Loyola University School of Law, New Orleans.