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NFTs and Intellectual Property Non-fungible Tokens (NFTs) have been extremely popular recently, following the significance garnered with the cryptocurrency community in 2017, with some selling for substantial amounts at auctions. They possess multiple uses, from the ability to enhance innovation as well as generate significant proceeds for both creators and…
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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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Guide to Establishing NFT's Marketplace in the UAE Introduction to NFTs Simply put, an NFT is a non-fungible token. “Non-fungible” basically implies that it's one-of-a-kind and can't be substituted with anything else. A bitcoin, for example, is fungible, meaning you can exchange one for another and get precisely the identical item.…
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Explaining Cryptocurrency's Ransomware Problem (USA) Introduction A hacker gains access to a company's computer system and encrypts its data, effectively halting operations. The data is then held captive by the hacker until a ransom is paid. If the demand is for Bitcoin or another cryptocurrency, the victim must open a cryptocurrency…
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Bitcoin & Altcoin Mining What is Bitcoin Mining? Bitcoin mining is the technique of digitally adding transaction data to the blockchain, which would be a publicly distributed database that contains the background of every bitcoin transaction. Mining is a record-keeping procedure that utilizes massive processing power. Each Bitcoin miner across…
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Establishing Policies for Blockchain Technology Introduction Blockchain can be considered as a breakaway technology and is currently a hot topic that has been the subject of numerous studies across various industries. Blockchain is briefly defined as a shared ledger database that records and shares every transaction that occurs in the…
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Regulations for Issuing and Offering Crypto-Assets in UAE (ICARs) Introduction Over the past decade, the financial technology market has evolved substantially. With the introduction of cryptocurrencies, policymaker and framers of legislations find the need to implement legislation that will help regulate this growing market. Since cryptocurrencies operate beyond the banking…
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Crypto Asset Exchange – Bahrain Introduction Cryptocurrencies gained traction all across the world since its inception, considering this growth in popularity and use, industry experts, praise its potential. This digital currency went from being a mere concept to virtual reality. In the Gulf Region, Bahrain and Abu Dhabi are a…
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Security Tokens and Blockchain- An Edge over other Jurisdictions The new age of technology and interconnectivity around the globe and beyond has revolutionized the methods in which we carry out the activities of daily life. Communication, banking, shopping, travelling- technology has eased these areas of our lives to a simple…
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Cryptocurrency and Asset Exchange in the Abu Dhabi Global Market Currency is defined as something, more often than not paper and coins, that act as a medium of exchange for goods and services. This practice of trade has been a constant for humankind throughout its various ages, occurring in multiple…
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ICOs and ICO regulations in Malta Introduction Initial Coin Offering (ICO) is a relatively new player in the financial sector which has paved its way to becoming a principal subject of discussion in the Blockchain community. In essence, ICO stands out amongst the most developed strategies for raising funds from…
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Decentralized Autonomous Organisation The promising era of Economic Freedom A decentralized autonomous organization (the DAO) is a computer program which is a form of an investor directed venture capital fund. The primary objective of the DAO was to provide a new decentralized business model which could help in the operations…
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В данной статье автор статьи Сурби ставит под вопрос юридический статус криптовалюты Биткоин и сложности, с которыми столкнулись финансовые институты и регулирующие органы в ее отношении. Исторически сложилось, что мир финансов носит международный характер. Будучи мобильным капиталом, деньги свободно перемещаются через границы по всему миру, в то время как золото…
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