First, let’s understand meaning of Blockchain. Basically Blockchain means distributed ledger. The ledger contains a continuous and complete record (the chain) of all transactions performed which are grouped into blocks: a block is only added to the chain if the nodes, which are members in the blockchain network with high level computing capacity.
Blockchains have legal issues associated with them too such as:-
1) As the nodes can be placed anywhere in the world, it can cross the boundaries of jurisdiction.
2) Risk to customers of trading in case of accounts settled or not correctly settled.
3) Ownership of Intellectual Property
4) Data privacy of end users.
5) Working with Decentralised autonomous organisations.
6) Enforcement of Smart Contracts
We understand these challenges and we are able to provide solutions for all above challenges. Our team has a vast experience in providing legal compliance for organisations who want to implement Blockchain for their systems.
Disclaimer : The current Bar Council Rules restrict the information that legal professionals may provide on websites and prohibits soliciting of clients. By visiting this website, you acknowledge that you of your own accord wish to know more about www.cyberjure.com, and there has been no solicitation made by www.cyberjure.com. This website is not intended to be a means of solicitation or advertisement.
Copyright © 2019 Cyberjure Legal Consulting, All Rights Reserved. Website designed by 24x7online.in