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Blockchain is indeed a very clever invention, but it is really only a tool.
I do not believe it cannot make legal decisions in property transactions which an experienced property lawyer can do, and which he or she is employed for and paid to do, as Hannah Maccinlay says.

Clients are really paying for legal advice, not the shuffling of bits of paper, digitally or otherwise. Certainly it is clear that the purely procedural aspects of most conveyancing transactions can be more or less commoditised but, in my opinion, the legal advice, which may in many cases be very important, cannot.

However, I cannot help but agree that in the bulk of conveyancing transactions these days, the client generally believes, and with some justification, that he is paying for a standard conveyancing procedure in much the same way as he would pay for a packet of cigarettes. Hence the rise of all the bucket shops and factory conveyancing services. Most of the time all will still go reasonably well (at least from a legally correct point of view) but occasionally it will not and money will be lost by someone.

If that is considered to be acceptable then so be it.

LB

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