The grant positions Singapore to become a leading hub for the $16bn global legal tech market
Singapore’s government has pledged $10.8m towards a legal tech research programme to digitise laws, rules and agreements in the city state.
The SMU said a five-year research programme would focus on the development of “‘smart’ contracts and ‘smart’ statutes, starting with the design and implementation of a domain-specific programming language that allows for laws, rules and agreements to be expressed in code”.
The announcement of the project comes hard on the heels of the launch of The Centre for Technology, Robotics, Artificial Intelligence & The Law by the National University of Singapore Faculty of Law (NUS Law) and further positions Singapore to become a leading hub for the $16bn global legal tech market. [read more]