Much is pleased to announce our membership in the Lawyers' Committee of the Chamber of Digital Commerce, the world's leading trade association representing the digital asset and blockchain industry. Involvement in the organization places Much among leading innovators, operators and investors in the blockchain and cryptocurrency arenas, from startups and software companies to IT consultants and financial institutions.
The firm's participation in the Chamber of Digital Commerce will be driven by Much's Blockchain Technologies Team, a multidisciplinary group of attorneys who handle legal, regulatory and practical issues related to the evaluation and implementation of blockchain-enabled endeavors. The team advises on cryptocurrency or blockchain-focused fund formation, blockchain-implemented smart contracts, the creation of blockchain technologies and blockchain-enabled business models, and the adoption of cryptocurrency payment options into existing businesses.
"Blockchain is poised to change the face of the business world, and the Chamber of Digital Commerce is leading the charge for the acceptance and implementation of this exciting technology," said Greg Grove, chair of the firm's Startups & Venture Capital group. "We look forward to collaborating with like-minded blockchain advocates as Much continues to enhance our blockchain-related capabilities."
Much is also actively involved in the Token Alliance, a Chamber of Digital Commerce initiative with more than 350 global participants, including blockchain and token experts, technologists, economists, former regulators and practitioners from more than 20 law firms. In collaboration with other Token Alliance members, several Much attorneys contributed to "Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers & Practitioners," a comprehensive set of guidelines to help shape the responsible growth of the token and initial coin offering (ICO) markets.