STRUCTURING A SECURITY TOKEN OFFERING A successful security token sale is a complex, multi-faceted process involving detailed planning, financial modelling and regulatory compliance combined with an intensive PR and marketing campaign to engage the investor community and generate demand. Tokenisable assets Before considering the structure of a security token offering let’s look at the sort…
Blockchain is a decentralised, distributed digital ledger that records transactions across many computers so that any information recorded cannot subsequently be altered without the alteration of all subsequent blocks. When considering the potential use cases for blockchain a good starting point is the two primary categories of distributed ledger technology: static registry and dynamic registry. …
This article summarises the likely impact of Brexit, in whatever form it might take, on UK based businesses involved in cross-border transfers of personal data on EU citizens or residents. The current position The General Data Protection Regulation (GDPR) is an EU Regulation which came into force on 25th May 2018. For as long as…
When did GDPR come into effect? The General Data Protection Regulation (GDPR) came into force on 25th May 2018. This article highlights the main provisions of GDPR and touches upon its impact on UK companies given the current uncertainty over how EU data laws will affect the UK after Brexit. Who does GDPR affect? GDPR…
The way sales teams used to prospect for sales has received a major update due to the EU General Data Protection Regulation (GDPR) which came into effect on 25 May 2018. Failure to comply with GDPR can leave a company facing fines of up to €20m or 4% of global turnover whichever is greater. The…
Smart contracts and the blockchain – the changing world of lawyers involved in drafting commercial contracts. What are smart contracts? A “smart contract” comprises some digital code stored on a blockchain that records the terms of a transaction between two or more parties and then automatically implements those terms as the necessary events occur; in…
WHAT IS BLOCKCHAIN? Blockchain is a secure distributed electronic ledger (essentially a database), connecting multiple parties in a network of trust and integrity thereby facilitating the transfer of assets and essential information relating to those assets. Blockchain does this by securely recording digital transactions in a sequential chain using cryptographic digital keys which are verified…
