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Enabling an EU framework for markets in crypto-assets

An online conference on the current consultation for the development of European regulation on crypto-assets was hosted by the European Commission on May 13, 2020. EC members and the industry exchanged thoughts and promoted the need to implementing real next steps on the space. Participating as representatives of Cyprus, and in alignment with other European[...]
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Cyprus Fintech Expo 3.0: Owning ‘the digital ME’

The Cyprus Blockchain Association has been the official supporter of the 3rd Cyprus Fintech Expo organised by the IMH. Christiana Aristidou, the Managing Partner of Christiana Aristidou LLC and the Vice-Chair of the Cyprus Blockchain Association, has presented: Owning’ the digital ME’: The inevitable twin rise of blockchain-enabled Self-sovereign ID (SSI) and of the right[...]
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Blockchain Standards and Government Applications

An article by Christiana Aristidou and Evdokia Marcou published on the Journal of ICT Standardization Many people talk about blockchain but very few understand its true nature and potential. Blockchain seems very exciting yet simultaneously a bit confusing, and naturally many people, businesses, and governments approach it with high expectations while also exhibiting some hesitancy.[...]
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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

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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