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Blockchain 101: what is a smart contract?

In our previous articles, we have explored blockchain, cryptocurrencies and ICOs.  This article focusses on the smart contract or, more precisely, the blockchain-based smart contract. What is a smart contract? While they might be called smart contracts they, rather confusingly, are neither smart nor contracts.  The concept was conceived in 1994 by Nick Szabo, who [...]

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Blockchain, Corporate, Technology - 8 months ago

International Strategies for white-collar crime enforcement

The US Department of Justice’s (‘DOJ’) chief of the Foreign Corrupt Practices Unit of the Fraud Section, Daniel Kahn, has commented on the increase in international fraud investigations meaning a greater likelihood that US prosecutors will need to acquire evidence from overseas. He also indicates some of the difficulties this poses and outlines potential solutions. [...]

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White Collar Crime & Investigations - 8 months ago