From Bitcoin to Courtrooms: The Evolution of Blockchain Technology and its Applications
Blockchain’s tamper-proof, distributed, and decentralized design has gained popularity during a period of rising cybercrime and data vulnerability. People revere blockchain for its potential to revolutionize various industries and criticize it for its association with unethical and illicit activities. Despite challenges and misconceptions surrounding its prior uses, blockchain technology has continued progressing—offering promising solutions for enhancing data security, transparency, and accountability. This Comment examines the evolution of blockchain technology, its applications, and how it can improve efficiency and enhance public trust in the judicial system. After outlining blockchain technology’s modest beginnings, this Comment theorizes several applications for blockchain in the legal system and identifies several potential obstacles to their implementation. This Comment also discusses the ways Wyoming is leading the way in blockchain legislation. While challenges remain, the continued development of blockchain offers a transformative opportunity to foster improved trust, security, and efficiency in judicial processes.
Authors
- Isabelle Cruz
Publication Details
- Journal
- Wyoming Law Review
- Published
- 2025-01-01
- DOI
- https://doi.org/10.59643/1942-9916.1527
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00