“Without major intermediaries (cloud-based software, cloud-based document storage, etc.) to provide convenience and standards, it is necessary for industries themselves to band together to jointly develop standards and governance, thus the typically non-profit, consortium strategy. The mission of the Global Legal Blockchain Consortium is to organize and align the stakeholders in the global legal industry with regard to the use of blockchain technology to enhance the security, privacy, productivity, and interoperability of the legal technology ecosystem. In furtherance of its purpose, the GLBC, whether through the Board of Directors or the appropriate committee or advisory board, will adopt policies that promote a universal, blockchain-based technology infrastructure for law.”