Blockchain failed during the COVID-19 crisis. Why? No use cases. See it different? Let me know.
Fortunately, after a little rant, Dennis dives deep into the developments in China. There are two important developments: The first initiative pertains to the country’s central bank digital currency, named DCEP, which is reportedly being tested in four local cities.
The second development is related to Blockchain-based Service Network, or BSN, which is currently said to be fully operational.
What does it mean for the blockchain world? Find out in this week‘s episode.
Also: Join me in The Blockchain Lawyers Network. You'll love it as much as I do.
In this Episode, Dennis explains what The Blockchain Lawyers Network is aimed at and what value it will provide. Join me in The Blockchain Lawyers Network. You'll love it as much as I do.
The world is facing huge global challenges: Climate change, overpopulation, massive amounts of waste, worldwide pollution. We all know: something needs to change. And yet: We are all still too wrapped up in our own problems and goals. Companies are not yet ready to commit themselves completely to sustainability, because they also have to make a profit. Anthony Day of IBM says: We can change the world. Through networks that can ensure sustainability on the one hand and profits for companies on the other. So that our children can have a great world, too. And Blockchain can play an important role in this - how it can all happen, why it's important to him (and us), Anthony explains in this episode.
Anthony is a Partner in IBM's UK & Ireland Blockchain team. He leads digital transformation and business network initiatives for IBM and its clients, where Blockchain is one of the underlying technologies. His passion is the intersection of emerging technology and projects that can have a meaningful social or climate impact. With an education in Supply Chain Management and a professional background in Digital Strategy, Anthony focuses on helping his clients achieve growth, define scalable ecosystem strategies and launch new businesses powered by exponential technologies.
Links to interesting Blockchain projects:
UN SDGs: https://sustainabledevelopment.un.org/
Project Drawdown: https://www.drawdown.org/
Food Trust: https://www.ibm.com/blockchain/solutions/food-trust
Food Cloud: https://food.cloud/
Trade Lens: https://www.tradelens.com/
Plastic Banks: https://plasticbank.com/
Blockchain is a fantastic technology that can also protect privacy ("privacy by blockchain design"). And yet: There are big questions whether blockchain and EU-GDPR are compatible. Olga Stepanova explains the biggest challenges: Who is the controller on a blockchain in terms of EU-GDPR? How do we solve the claim to the "right to forget" in a blockchain that does not forget? Is it okay that in a blockchain the data is stored worldwide? The big questions - all addressed in this episode.
Olga Stepanova is a German Attorney at Law and certified Data Protection Officer at WINHELLER Rechtsanwalts GmbH. She is particularly interested in new technologies, e.g. Blockchain, Big Data, artificial intelligence. She advises companies, associations and the public sector on digitization and, as author and speaker, draws attention to the challenges of the digital economy.
Can a software development team be led by a lawyer? Sure, says David Saive - and presents an innovative blockchain solution for the maritime industry. He not only presents it to us, but also explains why, in his view, the future of software development lies in "Compliant Programming": a collaboration between lawyers and developers from the very beginning of a software project.
David Saive is a research associate and doctoral student of Prof. Dr. Prof. h.c. Jürgen Taeger at the Carl von Ossietzky University Oldenburg. He is researching the possible applications of blockchain technology in maritime law as part of the governmental-funded research project HAPTIK (haptik.io). In this context, he is also investigating the effects of digitization on legal practice.
* Herbstakademie der DSRI: https://www.dsri.de/herbstakademie/herbstakademie.html
* Grundgutachten des BMVI zu Blockchain in der Logistik: https://www.bmvi.de/SharedDocs/DE/Artikel/DG/blockchain-grundgutachten.html
* LinkedIn-Präsenz unseres Projekts: linkedin.com/company/haptik
Link to the Blockchain Lawyers Network: www.blockchainlawyersnetwork.com
Estonia - a small country, but incredibly digitalised. An El Dorado for Blockchain entrepreneurs and also Crypto enthusiasts. Because here it is possible to get a license for the crypto trade easily and safely. Ferhat Ziba is a German entrepreneur and explains to us exactly how he went about it. Fascinating and a role model for the whole world - Esland is right at the top of the Crypto League. He also introduces us to his new project - an Exchanger with an attached peer-to-peer platform.
Ferhat Ziba is an entrepreneur in the IT, security and crypto-currency business. He started software development in 2005.
Ferhat Ziba studied computer science at the University of Hamburg and has been working professionally as a software developer since 2005.
In 2011 he got in touch with blockchain technology and started as an OTC trader in 2013. He currently owns an IT company in Hamburg, with which he manages IT projects in his development office in Istanbul and Izmir. He also advise customers in Blockchain Technologies.
At the end of 2019 he founded MeduseTechnolgy in Estonia, with which he will start a Licensed Exchanger in 2020.
IT-Company Website: https://www.hansehype.com
Contact Information: firstname.lastname@example.org
Personal Site (German): https://www.ferhatziba.com
Exchanger Website: https://www.meduse.io (available end of Februar)
On the 30th of January 2020, the German Government held a round-table on blockchain and EU-GDPR which I attended. Here‘s my summary.
The token economy will come. Blockchain fans and companies see a huge opportunity in it, but many governments (such as the German one) also believe in a radical change of the economy of the future. In a paper published at the beginning of 2020, the OECD devotes itself to the token economy and examines it in depth, particularly with regard to its potential, use cases and risks. In this episode Dennis summarizes the impressive paper and also describes his personal opinion on the most important points. The paper can be downloaded here: http://www.oecd.org/finance/the-tokenisation-of-assets-and-potential-implications-for-financial-markets.htm
The regulation of blockchain is not easy. Many lawyers are curious about the technology but do not understand it. Then the technology offers many advantages - but what are its disadvantages? Which issues need to be regulated legally and which do not? Can the state even do that? Who is better suited for this? How must lawyers change their thinking and work to get a grip on such new technologies?
Michael Kolain explains all this and more to us in this episode. As a fully qualified lawyer, he is currently working in the program area "Transformation of the State in Times of Digitalization" at the Research Institute for Public Administration. He is involved in the research projects "Algorithm Control as a Regulatory Task", "Social Media Monitoring" and "Digital Regulatory Law and Digital Security" and is an expert on the topic - and a more than pleasant interview partner. You can find more about Michael here:
In the last episode for 2019, we look into the French plans for blockchain technology and cryptocurrencies, especially the e-euro. We compare it a little to the new German legislation, before Dennis then heads into reflecting his year in blockchain. Finally, he has an outlook onto 2020.
Tokenization of IP rights will come. Companies like Lexit, Molecule or the Open Innovation Platform DEIP are looking for ways to tokenize and liquidate IP rights for different reasons (like M&A or just to increase collaboration in innovation).
Esen Esener, LL.M, LL.M, will give the listeners insights on this topic. Esen is a Turkish lawyer based in Berlin with a particular interest in blockchain and law. She holds two master degrees in IT & IP law from Germany and Norway with a thesis on "smart contracts from the European contract law perspective".
She lately gained experience in Fintech industry and keeps expanding her knowledge about blockchain. As a personal project, she writes on her blog about various topics on legal aspects of blockchain.
Here are the links to her profiles on the web:
In July 2018, Malta became the main country for cryptos when they implemented an official legislative package for Blockchain, Cryptocurrency, and Distributed Ledger Technology (DLT) operators. What is the regulation on Malta about, what are my views on it, what can we all learn from it? An overview.
Both GDRP and Blockchain technology are relatively young. There are tensions between the basic principles of GDPR and the blockchain - but what are they? An overview.
A new legislation enables banks to sell and store cryptocurrencies from January 1, 2020. What does the new law regulate - and what does it mean for the blockchain technology in Germany?
Can the Household exemption be applied on privately motivated but public Blockchain transactions?
An exception to the material scope of the GDRP in connection with blockchain technology (CNIL opinion)
Exceptions in the GDRP system in connection with the blockchain technology are a controversial law institute in jurisprudence. Controversial is also the application of the exemption from the material scope with respect to the processing of personal data by a natural person in the course of a purely personal or household activity: and thus without any reference to a professional or economic activity. This exception is systematically covered by Article 2 para 2 c) GDRP and the corresponding recital No. 18 for the GDRP. These concern “the processing of personal data by a natural person
in the course of a purely personal or household activity: and thus without any reference to a professional or economic activity”. Nevertheless, the classification of the processing as processing in the course of a purely personal or household activity is problematic, since the classification of the actors in the blockchain applications encounters legitimate difficulties. When looking at solutions, one also encounters the well differentiating opinion of the French CNIL. The view of CNIL, according to which the GDRP does not apply, if a blockchain is used only for personal purposes, for example for a Bitcoin transaction, represents a successful solution, particularly since CNIL justified the legitimate differentiation between the actors (Miner, Software Developers and joint controllers for processing). Besides, the CNIL is aware of the practical difficulties in public blockchains and points out that this remains reserved for a deeper consideration.
What‘s new concerning regulation of Blockchain and Crypto? - News from Wyoming on blockchain banks - UK: Are cryptos property? - News from China
In the sequel to EP. 17, Dennis explains if the Federal German Government can actually realize its Blockchain Strategy under the German constitution. Does it have the competences? What role plays the European Union?
The German constitution was written in 1949. Satoshi Nakamoto‘s whitepaper on bitcoin is from 2008. Can such a revolutionary technology work well with our constitution? In the first episode of my deep-dive into the German constitution - as an example for all Western democratic constitutions -, I will focus on blockchain & civil liberties.
More and more regulators are worried about criminals who are increasingly using cryptocurrencies for illegal activities like money laundering, terrorist financing, and tax evasion. The problem is significant. What is the EU‘s point of view on the matter - and what does a study propose concerning legal matters?