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Bailey McCann, Opalesque New York:

London-based BlockEx, a provider of blockchain based technologies has partnered with Winston & Strawn, an international law firm on a blockchain backed smart contracts project. BlockEx is working with the law firm to create legal documentation templates which will form the basis of smart contracts that will be part of a bond issuance platform developed by BlockEx and supported by blockchain technology.

The goal of the project is to use smart contracts to improve cost and speed to market of new bond issuances on the platform. The templates will cover approximately 90 percent of the documentation required for a bond issuance. BlockEx already has 12 new bond issues in due diligence vetting with the intention for the first issue to be made this month, using the smart contract templates.

"We have been building BlockEx for three years and are ready to come to market with a compliant exchange for blockchain assets," explains BlockEx CEO Adam Leonard in an interview with Opalesque. According to Leonard, the firm partnered with Winston & Strawn because they were looking for a top law firm that also has an international presence.

The BlockEx Digital Asset Platform will launch with a full exchange, white label brokerage and debt origination tools that can be used for full lifecycle management of Blockchain-based financial assets. The company says that the goal of the platform is to democratize bond issuances and allow small to medium-s......................

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