Blockchain technology continues to garner the attention and trust by the federal government, recognizing that the technology can make our government more efficient, transparent, and secure. In fact, some federal agencies are leading in the adoption of blockchain rather than falling behind the private sector. Such interest and embrace of blockchain technology is largely because … Continue reading Leaders in the Federal Government Embrace Blockchain Technology
Michael Best Senior Counsel Cheryl Aaron was published in Lex Mundi’s Blockchain White Paper Series in the article titled, “Accepting Payment in Bitcoin: Considerations for Merchants.” In her whitepaper article, she discusses issues to be aware of if you are a business considering accepting cryptocurrencies, such as bitcoin, as payment. Cheryl analyzes volatility, tax implications, … Continue reading Accepting Payment in Bitcoin: Considerations for Merchants
Michael Best attorney Emily Lyons published an article discussing the intersection of blockchain technology and the Agribusiness and Food & Beverage industries. Emily writes: “When most people think of blockchain, they think of its application to cryptocurrencies like bitcoin. However, the technology has the potential for much broader uses across a wide swath of industries, particularly including … Continue reading What Blockchain Means for the Agriculture and Food Industries
The following analysis was written by Sarah C. Helton, Principal of Michael Best Strategies and Staff Counsel of Michael Best. Michael Best's 2018 Technology + the Law Symposium took place in Raleigh North Carolina at Duke University. Last week, Michael Best hosted our first Technology and Law Symposium in the hub of innovation, Research Triangle. We brought … Continue reading Michael Best Leads on Blockchain and Other Emerging Tech
From cryptocurrency, to Web 4.0, to an interactive, decentralized worldwide network of all things, people and systems, distributed ledger technology (DLT) is the hot-tech, paradigm shift de jour. DLT technology transcends cryptocurrency and promises to impact a wide range of industries beyond finance. As several states advance legislative efforts to uphold the legal integrity of … Continue reading #BlockLegalTech 2018 – Blockchain Tech is Legal Tech
Tony Biller, Managing Partner of Michael Best’s Raleigh office, explores how blockchain technology could enhance the current state of intellectual property asset registries in his recent article One Blockchain Trademark Ledger to Rule Them All! which appeared in the firm’s Best Trademark Blog. Tony writes: "Blockchain disrupts central brokers whose primary function in transactions has … Continue reading One Blockchain Trademark Ledger to Rule Them All!
The CFPB has launched a fintech regulatory sandbox which will help fintech companies and firms develop and test new products and services, including blockchain and cryptocurrencies. Today’s Blockchain & Cryptocurrency Daily Clips highlight: "In an official announcement, the bureau said that the innovation office has been established to focus on encouraging consumer-friendly innovation. It will focus on … Continue reading U.S. Consumer Financial Protection Bureau (CFPB) Launches Fintech Regulatory Sandbox