The new technology is predicted to revolutionize industries such as banking and other financial services, capital markets, insurance, logistics and government to name a few. As the use of the new technology develops, however, new challenges will arise in how to navigate in a complex regulatory framework which varies greatly between different jurisdictions.
Setterwalls has a dedicated blockchain team with experts who understand how innovation and law interact as well as key regulatory issues. The firm has a broad experience across the many industries in which this new technology will be deployed and is uniquely positioned to advice clients with the support needed in connection with policy, regulatory, transactions, privacy and data security.
Setterwalls is since 2018 a member of the Global Legal Blockchain Consortium (GLBC) – an organization that works to increase security, productivity and to facilitate transactions using blockchain technology. GLBC is comprised of over 200 major corporations, law firms, software companies and universities around the world working that have joined together to develop standards to govern the use of blockchain technology in the business of law.
"Setterwalls fields substantial capabilities in the technology, corporate and intellectual property aspects of fintech. The firm has considerable experience in advising on the legal aspects of blockchain technology, as well as on e-identification issues. They act for all parties including startups, established banks and regulatory bodies."
- Chambers and Partners FinTech guide 2019