Some have claimed that business is in the midst of a
"blockchain revolution" and that distributed ledger
technologies will create a new world. This is particularly true in
the financial services sector, where blockchain technology is being
used to support new payment processing alternatives to support new
trade finance technology. Generally, blockchain technology creates
new ways to store data, is being used to create new forms of
digital assets, and is creating new issues in the area of
creditors' remedies as the law sorts out what these digital
assets are in law and how to regulate them. Despite being available
for nearly a decade, cryptocurrency jurisprudence is sparse and
uncertain. What is clear, however, is that digital assets create
new challenges in identifying, locating and recovering the assets
of debtors for financial institutions.
