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Fintech

NFTs, intellectual property law, and their regulation

What are NFTs? NFT stands for non-fungible token.  NFTs are considered as a new and emerging technology that is represented by units on the blockchain.  In March 2021, the sale of a digital collage by an American artist known as Beeple, intrigued and fascinated many people around the world.  The sale price of $69.3 million((https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million.)) was remarkable on its own, [...]

By | 26th January, 2022|4IR, Commercial Law, Copyright, Copyright Infringement, Fintech, IP Law, IT Law, Privacy Law, Regulatory and Governance, Technology Law|

Decentralised Finance: What is it and how is it regulated in South Africa?

What is Decentralised Finance? Decentralised Finance (DeFi for short) is a financial system built on public blockchains such as BitCoin and Ethereum.  Blockchains refer to a list of data records that work as a decentralised digital lender.  The data in a specific blockchain is organised into blocks, which is chronologically arranged and secured by cryptography.  The oldest and safest blockchain [...]

By | 14th December, 2020|4IR, Cybersecurity, Data Protection, Fintech, IT Law, PPM Attorneys, Privacy Law, Regulatory and Governance, Technology Law|

TECH LEGAL MATTERS PODCAST

Technology continues to challenge the legal system and sometimes laws battle to keep up with the speed at which technology is changing, and the various new technologies that are launched. The Tech Legal Matters podcast explores cybersecurity, privacy, and data protection and other similar topics at the intersection of technology and the law. Subscribe to this podcast, published by iAfrikan [...]

By | 16th July, 2020|4IR, Cybersecurity, Data Protection, Fintech, PPM Attorneys, Privacy Law, Technology Law|

LEGAL STATUS OF BLOCKCHAIN TECHNOLOGY IN SOUTH AFRICA

Sub-Saharan Africa has a 70% unbanked population.[1]  This statistic indicates there exists the enormous potential for the adoption of blockchain-based solutions as an alternative to traditional payment options.   Access to traditional services is one of Africa’s biggest challenges and making use of blockchain would improve access to financial inclusion.  So, as this term blockchain garners popularity within businesses and governments [...]

By | 27th January, 2020|4IR, Cybersecurity, Fintech, Information Security, IT Law, PPM Attorneys, Regulatory and Governance, Technology Law|

A broad overview of South Africa’s position on digital payments

It is interesting to note that there is now a growing number of places around the world that are refusing to accept paper money payments.  There are even communities that exist where merchants often frown upon using paper money.  Take the declining use of cash in Sweden, Kenya and China for example, South Africa may not be too far behind. [...]

By | 3rd September, 2019|4IR, Fintech, PPM Attorneys, Technology Law|