According to a news release, the Blockchain Law for Social Good Center is the first program of its kind in an American law school and will serve as a hub for discussions revolving around blockchain law and new crypto technology applications, as well as how to regulate technologies emerging from them. The new center was funded through a $300,000 foundational grant from the Algorand Foundation, which supports research on blockchain and cryptocurrencies.
The announcement said the center looks to push the industry forward through “promoting a more balanced regulatory scheme, as well as a more diverse environment for blockchain technology in the United States” via national conferences, an Algorand Foundation speaker series and a new blockchain law course curriculum.
"The Blockchain Law for Social Good Center is an excellent example of the multidisciplinary application possibilities for blockchain technology while also promoting social-impact projects," Hugo Krawczyk, principal researcher and head of theAlgorand Centres of Excellence Programme, said in a public statement. "The project will become a hub for blockchain law and a valuable resource not only for lawmakers and lawyers but also for government agencies and start-ups.”
School of Law professor Michele Neitz, who has experience working with California's Blockchain Working Group to explore legal and legislative implications of blockchain tech and as one of the first professors to teach blockchain law, will serve as the center’s faculty director.