In this paper, we attempt to lay down a regulatory framework for Blockchain Protocol Tokens, addressing both ICO Tokens and Cryptocurrency. We demarcate 3 broad classes of tokens, further divided in 5 types based on their nature, and risks for both regulators and consumers. We then propose one...

At present, Crowdfunding source of raising funds typically for business startups has gained much primacy with most businesses resorting to the use of Crowdfunding platforms to raise funds because it is relatively inexpensive and uncomplicated in nature. The call for a solution to issues related...

All contracts are necessarily incomplete. The inefficiencies of bargaining over every contingency, coupled with humans' innate bounded rationality, mean that contracts cannot anticipate and address every potential eventuality. One role of law is to fill gaps in incomplete contracts with default...

A useful blockchain should possess the following properties, one or more of which many existing blockchain systems lack: 1) A sound consensus protocol. 2) An efficient transaction-processing system. 3) Immutability of history. 4) Decentralization. 5) An effective avenue for hard-forks and rule...

Supply chain management has been identified as one potential application for blockchain technology. Established blockchains are envisioned to solve current supply chain challenges around data monitoring, transparency, and authenticity; However, there is a lack of knowledge in how to establish...

Blockchain and other distributed ledger technologies (DLTs) are immutable, encrypted and timestamped databases in which data is recorded, validated and replicated across a decentralised network of nodes. In an increasingly interconnected world a vast array of opportunities could emerge through...