Selected Topics

DLTs and Novel distributed business models

The deployment of novel business models, which fundamentally and structurally depart from more “traditional” and “conventional” business models, is becoming more and more widespread. Supported by the emergence of novel and disrupting technologies, these novel business models offer efficiency opportunities, while ensuring integrity and security. Distributed technology is an example of such a business-changing technology. Distributed business models rely on the multiple sharing of digital content in a distributed network to achieve security, integrity, and trust within such a network.

Distributed technology underpins blockchain and other ledger technologies (distributed ledger technologies); a distributed digital ledger means that ledger recordings are shared in real time among the network participants (nodes) preventing falsification and unauthorized intervention to records. Distributed networks rely on integrity, transparency, and trust, and can offer innovative solutions against inefficient and old business models, attracting in this way startups, innovators, entrepreneurs, and technology-reliant businesses.

These new distributed business models, while efficient and promising, implicate new and complex legal and regulatory issues. Our understanding of the operation and effects of distributed models means that we can offer holistic consultation that is tailored to the specific details of each business model in question. Since these business models use distributed technology, our lawtech expertise ensures that our legal advice is given in line with the operation of this technology; every little detail counts in building and structuring compliant and effective business models, especially when they involve novel technologies, methods, and plans. Our clients entrust us with designing, reviewing, and implementing their new business ideas, relying on our expertise and constant involvement with novel business models.