UK Law and Legislation Surrounding Cryptocurrency
UK Law and Legislation Surrounding Cryptocurrency Governmental stance concerning the prominence of alternative currencies in circulation The term ‘cryptoasset’ is defined in the United Kingdom as “a cryptographically secured digital representation of value or contractual rights that uses a form of distributed ledger technology (DLT) and can be transferred, stored or traded electronically.” Similarly, other […]
What is the tension between blockchain technology and the General Data Protection Regulation (GDPR)?
What is the tension between blockchain technology and the General Data Protection Regulation (GDPR)? Features of Blockchain technology and their advantages: Decentralised Data Storage As blockchain uses a distributed ledger, transactions and data are recorded identically in multiple locations[1]. Blockchains offer the promise of the decentralised handling of data and data sovereignty, […]
What is Blockchain Technology and how is it regulated?
What is Blockhain Technology and How is it Regulated? Introduction to Blockchain technology The term blockchain first appeared in 2008 written by an anonymous developer or group of developers known as Satoshi Nakamoto[1]. As its etymology indicates, a blockchain is a chain of blocks[2]. In a blockchain, data is kept together into units called blocks, […]
Issues of Competition within Digital Markets
Issues of Competition within Digital Markets Digital Markets The European Commission has defined an online platform as “an undertaking operating in two (or multi) sided markets, which uses the Internet to enable interactions between two or more distinct but interdependent groups of users so as to generate value for at least one of the […]
Importance of Data and CRM in the Digital Economy
Importance of Data and Customer Relationship Management in the Digital Economy CRM can help law firms in profiling prospects, understanding their needs and building relationships with them providing them with the best as well as a very high level of customer service[40]. This helps a firm to present a unified face to its customers and […]
The UK Legal System and its Adaptability in the Face of Technological Change
The UK Legal System and its Adaptability in the Face of Technological Change The UK legal system is malleable to technological shifts, but to what extent? The legal services market is undergoing widespread disruption as a result of a more liberal regulatory environment, increased commercial pressures and increased technological adoption. Technology lawyers must be trusted […]
The Spurring Technology Revolution in the Legal Sector
The Spurring Technology Revolution in the Legal Sector Legal Technology or Legal Tech, is software and technology which is used by law firms or legal teams to facilitate their processes and improve their effectiveness[i]. Legal tech aims to simplify operations, optimize current workflows and improve the overall management of knowledge and information that exists in […]
Britain’s Trajectory as a Testing Nation
Britain’s Trajectory as a Testing Nation Testing how new ideas and technologies operate in practice is an important element of ensuring that they are both fit for purpose and secure before they are made available to a large number of people. Scientists, corporations and – increasingly – governments want to put new goods and services […]
Artificial Intelligence: Impact in Legal Settings and Future Development
Artificial Intelligence: Impact in Legal Settings and Future Development Within the next several years, we will be on the verge of a legal practise revolution driven by artificial intelligence – particularly its usage by in-house legal professionals. Similar to email’s revolutionization of daily business conduct, artificial intelligence (AI) will become ubiquitous — an invaluable assistant […]
Everything you need to know about ESGs
Everything you need to know about ESGs After the last year or so, humanity at large needs few reminders of how disruptive, discombobulating and fundamentally disconcerting the world can be. The Covid-19 crisis has swept through all of the global connections that brought us together, both socially and economically. It, as so many virologists and […]
