The Accord Project, a group launched last year to push for industry standards around legal smart contracts, has won some buy-in from major UK law firms.

Allen & Overy, Freshfields Bruckhaus Deringer and Slaughter and May are all joining the project, adding to ranks that already include US firms such as Dentons, K&L Gates, DLA Piper in an attempt to jointly create standards for legal smart contracts specific to various practice areas.