STLR Link Roundup – March 3, 2017

JP Morgan’s New Contract Processing Software Since June, JPMorgan Chase & Co. has been using a computing program called COIN, for Contract Intelligence, to interpret their commercial loan agreements. This program will replace 360,000 hours of work by lawyers and loan officers each year. This comes as part of the company’s push to enhance their technological capacity, driven by COO Matt Zames and CIO Dana Deasy. JPMorgan is investing $9.6 billion in its tech budget, Continue Reading →

Exclusive Rights in Vague Terms – Vantablack in the Arts

Background In the summer of 2014, British company Surrey NanoSystems (“SNS”) announced that it had created a new substance out of carbon nanotubes that would absorb up to 99.96% of light.[1] It is created by growing nanotubes on a surface heated to over 430 degrees Celsius, and is currently only produced by SNS. Intended for military and scientific use, Vantablack could increase stealth capacity and significantly decrease reflective interference in telescopes.   Exclusive License and Continue Reading →