News / 19.10.2021

You have probably heard the terms "blockchain", "distributed ledger technology", "bitcoin" and "NFTS" being thrown around a lot recently.  But what do these terms mean, why are they important, and what advantages does this technology actually have? The purpose of this article is to introduce you to these concepts and technology, to explain what they are, and how they fit in the blockchain landscape. Key terms Before we dive in, it is first important to understand some of the key terms relevant to this type of technology: Distributed Ledger: At a high level, a distributed ledger is a database, e.g. a digital...

News / 10.08.2021

You are probably wondering what Paris Hilton, Edward Snowden and Eminem have in common.  Well, they have all released NFTs.  The market for non-fungible tokens (NFTs) is booming right now and is only likely to continue to grow over time as cryptocurrencies and blockchain technology become more accessible. In light of NFTs' exponential growth in popularity, it is essential to understand the legal risks associated with NFTs if you're interested in purchasing NFTs yourself or needing to advise a client. What are NFTs? An NFT is a unit of data stored on a digital ledger that certifies a digital or physical asset as...