Blockchain has become a hot topic in recent years and is widely recognised as one of the most transformative technologies of our time. It has the ability to create a new digital economy, and enables more effective business processes. It is a distributed ledger technology that allows data to be recorded and shared securely and without any single point of failure.Find out :https://b3i.tech/
It is also a tool for decentralising transactions and reducing costs. For example, businesses that use blockchain could reduce their transaction fees by not having to pay to a central clearing house to process payments. Similarly, it could allow people to store and exchange cryptocurrency in a more secure manner. The Financial Conduct Authority has reported that there are around 2.3 million people in the UK who own cryptocurrency assets.
UK Experts on Blockchain in Real Estate
Our blockchain and crypto specialists advise individuals and businesses on the legal and regulatory issues arising from the use of this innovative technology. This includes advising on the taxation of cryptocurrency investments, including capital gains and income taxes. They also assist with crypto-related financial investigations and dispute resolution.
As a leading law firm, we have experts with a deep comprehension of – and authentic passion for – the technologies that underpin blockchain and its associated advancements in distributive computing networks. Our clients include multinational regulated businesses, fintechs and start-ups. They include cryptocurrency exchanges, stable coins and non-fungible token (NFT) marketplaces, blockchain infrastructure developers, lending and insurance platforms, and investment engines.