blockchain

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 [...]

A move towards Electronic Deeds Registration Systems (e-DRS)

Let’s imagine a time when all you had to do to uncover who owns a property was go to a public website and do a public deed search, which would reveal the deed holder. This process may even provide an electronic deed to the holder.  As a property owner this would save you time and in most circumstances it saves [...]

By | 20th March, 2019|Cybersecurity, Data Protection, IT Law|

From crypto currency to crypto contracts

Soon, paying legal fees for a solid, watertight contract will be a thing of the past.  Traditional contracts, painstakingly reviewed by tired eyes for the seventh time, are so 2017.  Smart contracts are the future, and with the rapid development of this technology, it may happen sooner than we think. What are smart contracts? Smart contracts use certain coding and [...]

By | 12th April, 2018|Contract Law, Technology Law|