This is an exciting time for blockchain technologies. From the pilot program of the Cook County Recorder of Deeds to Amazon’s and tZERO’s ambitious initiatives to cross-border payments and smart contracts, blockchain applications are moving toward the mainstream of commercial and consumer transactions. In the context of this rapid growth and adoption, attempts by state and federal regulators to address new developments in blockchain technology are creating more challenges than solutions. In response, Much has formed our Blockchain Technologies Team to help clients navigate the evolving business and regulatory landscapes so that they may effectively evaluate and implement blockchain-enabled and related endeavors.
We advise clients on legal, regulatory and practical issues that arise out of the use of cryptocurrencies and blockchain technologies. Our work includes collaborative brainstorming of business models and approaches that take into account recent and anticipated legal and regulatory developments, as well as long-standing laws and legal paradigms. We understand that the pace of change in the emerging blockchain industry has created an entirely new class of businesses and related activities that leverage cutting-edge technologies and applications. Our team is prepared to help, whether your needs include cryptocurrency or blockchain-focused fund formation, advice on blockchain-implemented smart contracts, the creation of blockchain technologies or blockchain-enabled business models, or the not-so-simple adoption of cryptocurrency payment options into your existing business. Our Blockchain Technologies Team will take the time to understand your unique needs and goals and provide counsel on the complexities and risks in this rapidly changing area of technological innovation.
Our cross-disciplinary Blockchain Technologies Team includes attorneys who work in the diverse areas of Startups & Venture Capital, Business & Finance, Intellectual Property & Technology, Litigation & Dispute Resolution, Creditors’ Rights, Insolvency & Business Bankruptcy, Real Estate and Labor & Employment. This wide range of knowledge and experience—coupled with our collaborative, multidisciplinary approach—allows us to look at our clients’ challenges and opportunities from every angle and provide counsel in all aspects of blockchain and the applications that rely upon these technologies.
Chamber of Digital Commerce
Much is a member of the Lawyers’ Committee of the Chamber of Digital Commerce, the world’s leading trade association representing the digital asset and blockchain industry. The firm is also involved in the Token Alliance, an initiative formed by the Chamber of Digital Commerce with more than 350 global participants, including blockchain and token experts, technologists, economists, former regulators and practitioners from over 20 law firms. Additionally, 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.