... Services Bill; and (III) the Virtual Financial Asset Bill. In a few words, blockchain is allowing digital information to be distributed at a high security level, blockchain technology created the backbone of network. Originally developed for the digital currency, the tech community is now finding other potential uses for this technology. A blockchain includes the whole history of all transacti...

... were a lot of surveys stating that smart contracts are rather vulnerable and unstable instruments. In order to understand the essential thing about smart contracts we should learn a little bit of history. The term “smart contract” comes from digital currency pioneer Nick Szabo, who created it more than 20 years ago. But to this day, it’s not always clear what people mean under the term *...

...sputes relating to blockchain-enabled agreements. In a few words, **blockchain is distributed ledger technology (also known as DLT) which allowing digital information to be distributed at the highest security level**. Originally developed for the digital currency, DLT technology is not restricted to it. Tech community is now finding out other potential uses for this technology. It has huge pote...

...ents under the relevant law. In other words, promoters involved in Crypto Exchanges are recommended to carefully consider whether their activities could mean they are arranging, dealing or advising on regulated financial investments. Furthermore, digital currency exchanges that contribute the exchange of certain currencies should consider if they need to be authorized by the FCA to be able to p...