Smart contracts, cryptocurrencies and other digital assets are complex, with rapidly evolving laws pose an ongoing regulatory challenge. Furthermore there is a commonly held view among blockchain professionals that code only smart contracts deployed in execution of digital asset transactions will circumvent legal oversight, and traditional legal principles of contract do not apply.  However this is not the case as the courts are starting to address the most significant issues such as contract formation in several high profile international decisions.

Therefore, we bring a 360 degree strategy & technical knowledge in the application of this DLT with the experience of a leading transactional law firm. We’re also one of the few Asian firms across the region that assists businesses realize the potential of blockchain technology.

We specialize in assisting startups and entrepreneurs in creating a seamless path for the development of their new business and ensure that the smart contracts execute to realize value creation for any transaction.

Distributed ledger technology is solving real-world problems ranging from copyright protection and payment security to retail supply chain compliance. We provide comprehensive, plain-English advice for businesses seeking to explore or implement blockchain-based solutions

This technology is a key driver in the fintech sector with increased activity transforming and disrupting financial services through the development and deployment of blockchain, distributed ledger, smart contracts, artificial intelligence and data analytics to allow risk to be priced more effectively.

However, with opportunity and change come risk with the legal, regulatory and compliance landscape developing rapidly within which the technology operates. Regulators and law-makers recognize the potential of these innovations and are actively responding to changes in the sector. Companies looking to utilize these technical innovations need to be alive to the complex and rapidly changing international legal and regulatory landscape.

Distributed ledger technology creates legal contracts that are programmable, machine readable and automated. However ensuing a smooth execution process requires a thorough understanding of the legal & technical issues from the outset to the final transaction.  If something goes wrong in the transaction the question is are smart contracts enforceable, who is responsible, what is the appropriate remedy and how could it be prevented in first instance?

We can advise you on all the possible contingencies from a risk management angle with strategies that will prevent a critical incident happening in first instance.