The evolution of payment methods in the metaverse and the new meta-economy are key concepts in understanding how tomorrow’s commerce will look: decentralized, secure, and fast. The metaverse is synonymous with innovation. And the biggest players in the market are already taking advantage of the new opportunities it offers.

The
Continue Reading Payment schemes in the metaverse – cryptocurrencies and smart contracts

In parallel to the proposal for a Regulation on Artificial Intelligence,[1] the European Commission has also presented a proposal for the new Machinery Regulation 2021[2] (Machinery Regulation), that will replace the Machinery Directive currently in force (Directive 2006/42/EC).[3]

In the first part of our analysis (available here
Continue Reading The interplay between the new Machinery Regulation and Artificial Intelligence, IoT, cybersecurity and the human-machine relationship

On April 21, 2021, along with the proposal for a Regulation on Artificial Intelligence (AI) and as part of the broader “Artificial Intelligence Package,” the European Commission issued the proposal for a Regulation on machinery products that will replace the Machinery Directive (Directive 2006/42/EC) currently in force. In our two-part
Continue Reading New Regulation on machinery products and the digital transition: Obligations for manufacturers, distributors, and importers

Following its April 2021 proposal for a European Artificial Intelligence Regulation, the Commission comes back to the topic of liability for damages in the digital age with a consultation open to the public until January 10, 2022.

The purpose of the consultation

Having launched the first part of the public
Continue Reading Liability in the digital and AI age: EU looks beyond the ‘AI act’

On 28 January 2021, the European Insurance and Occupational Pensions Authority (EIOPA) launched a public consultation on data access and sharing in the insurance industry. Data is a key industry asset, available in quantity and widely used – from risk identification to pricing. The increase of partnerships with technology vendors
Continue Reading Is Open Insurance at a turning point? EIOPA launches public consultation on data access and sharing

As the COVID-19 outbreak continues to spread across the globe and with businesses being threatened by lockdowns and curfews, logistics remains one of the less affected industries. Changes in customers’ habits in the new normal, coupled with the exponential growth of online sales and deliveries, are playing a big role
Continue Reading Logistics 4.0: Three legal solutions to boost your supply chain