Blockchain is shaping up as one of the most disruptive IT technologies since the Internet itself, with broad-ranging applications that could transform businesses across the spectrum. Companies that ignore the opportunities—and challenges—created by blockchain and cryptocurrencies may find themselves left behind as more nimble and responsive competitors successfully leverage these emerging technologies.
Our colleagues Spencer Klein and Dario de Martino recently took a close look at blockchain and cryptocurrencies in an article entitled, “Don’t Want To Be The Next Kodak? Embrace Blockchain,” which has been published by Law360, a leading legal publication.
The article addresses:
- how blockchain and cryptocurrencies work;
- recent legal developments relating to blockchain and cryptocurrencies;
- potential benefits arising from Delaware’s recently enacted blockchain legislation; and
- key takeaways from the recent SEC pronouncements on token sales and related considerations.