Formula 1’s largest ticket operator, Platinum Group, made a ground-breaking move in the auto-racing industry by introducing NFT ticketing for their upcoming events, starting with the Monaco Grand Prix earlier this summer. This movement follows in the recent footsteps of other industries and companies by exploring opportunities in the digital
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Hong Kong provides long-awaited policy and regulatory updates on virtual assets
Much anticipated regulatory updates on virtual assets (“VAs”) and related activities were announced during the Hong Kong FinTech Week. The Financial Services and the Treasury Bureau (“FSTB”), Securities and Futures Commission (“SFC”) and the Hong Kong Monetary Authority (“HKMA”) debuted wide-ranging policy…
Continue Reading Hong Kong provides long-awaited policy and regulatory updates on virtual assetsAn unreal issue: managing IP in the metaverse
What is the metaverse and why is it important?
The metaverse: the next generation successor to the mobile internet. Made up of shared, online, and persistent digital spaces, [1] the metaverse can be conceptualised as a combination of digital layers over the physical world (think Pokémon Go), immersive worlds we…
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Five questions with Ann Ford: DLA Piper Partner; US Chair and Global Co-Chair, Clients and Sectors
Ann Ford serves as US chair and Global co-chair for DLA Piper’s Client and Sectors and was the immediate past US chair and Global co-chair of the Firm’s Intellectual Property and Technology Practice Group. Ann advises clients on business and transactional aspects of intellectual property, as well as representing them…
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Five Questions with Victoria Lee: DLA Piper Partner; Global Co-Chair, Technology Sector; and Managing Partner for Northern California and Silicon Valley
Victoria Lee co-leads DLA Piper’s Global Technology Sector and has been practicing law at DLA Piper for more than 25 years. She focuses on representation of emerging growth and public companies in complex technology and commercial transactions in the technology sector, as well as a variety of other industry sectors.
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Luxembourg draft law on dematerialized securities, blockchain and distributed ledger technologies
In July 2020, the Luxembourg government submitted draft law 7637 to amend the law of 6 April 2013 on dematerialized securities (Dematerialized Securities Law) and the law of 5 April 1993 on the financial sector (Financial Sector Law).
The draft law follows recognition of the use of distributed ledger technologies…
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Legal issues of blockchain and how to deal with them
The blockchain revolution might unveil some legal implications from the usage of a technology that could get out of control.
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Blockchain based smart contracts equal to written documents in Italy
The growth of usage of blockchain based smart contracts in Italy might be boosted by a new law which deemed them equal to written documents in some cases.
What are smart contracts?
According to Investopedia, smart contracts are
“Smart contracts are self-executing contracts with the terms of the …
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Top 5 Internet of Things predictions for 2017
The Internet of Things experienced a massive acceleration in 2016, but what are the predictions for 2017? What should we expect?
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