The England & Wales Law Commission has begun work on two new projects to help English law accommodate two emerging technologies that could revolutionise commerce - smart contracts and digital assets.

The Law Commission will analyse the law relating to smart contracts, to find any gaps in the law and identify reforms to ensure that the law can meet the growth in the use of this technology.

The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.

The project on...