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Preparatory Meeting at the House of Representatives

Fourth Industrial Revolution: Innovation, Artificial Intelligence and Integration The Preparatory meeting at the Cyprus Parliament for the upcoming conference that will happen on Oct 4th with main theme of the 4th industrial revolution: Innovation, Artificial Intelligence and Inclusion, took place on the 16th of September, at the House of Representatives in Nicosia. Various interesting inputs[...]
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Smart Contracts’ Coding and Legal Challenges

Smart Contracts are a major tool that enables blockchain to achieve their enormous potential. There is no widely-acceptable definition currently in place. A very useful working definition for smart contracts is provided by the International Organization for Standardization (ISO). Another useful definition reads as follows: “Smart Contracts are computer programs that automatically execute instructions triggered[...]
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ICO: Potential Legal and other Issues to be considered prior to conducting an Initial Coin Offering

ICOs
I have identified and hereby provide the main issues and/or concerns that may be associated with and merit careful examination by the founders and their legal counsels, prior to conducting an Initial Coin Offering. These are: In relation to the issuance of Tokens Selection of jurisdiction: we need to examine which jurisdiction provides the optimal[...]
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From Concept to Product

Blockchain provides solutions that are characterized by transparency, absence of a third-party. Cyprus Blockchain Association will present to you some blockchain use cases and applications that we have summarized and listed under the following broader categories: Ledgers, cryptocurrencies and other crypto-tokens and smart contracts. We will then go through 4 big domains that pose considerable[...]
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Smart Contracts: A discussion for lawyers on Capacity and the role of consideration

Capacity to contract is, typically, a constitutive element to the formation of a legally binding contract which can be recognised by law and enforced by Courts. This requirement denotes that a person is considered by law as able and competent to enter into a contract, because such person possesses the competence to bind themselves through[...]
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