Innovations
The internet of things, artificial intelligence, quantum computers, robots, blockchain databases, neural networks, and many other things that look like an outtake from a sci-fi geek’s fantasy are now real, or at least are likely to become real in our lifetime. How do lawmakers react to those new developments? Can their regulations strangle innovations to death? Should they follow in their wake, or it’s better to set out the rules in advance? Let’s journey to this brave new world together.
U.S. Treasury Plans to Restrict Chinese Investment Into Domestic Tech
The United States government seems to be not quite happy with China these days, even though President Trump and President Xi Jinping look like they’re on really friendly terms. In particular, Computing has recently reported that the U.S. government and the country’s tech companies have been meeting to discuss “security risks” in using Huawei and …
Utility Token Sale: Key Features, Legal Requirements, Prominent Examples
Among all existing ICO models, a utility token sale is the most popular one. This article answers the key questions about utility tokens and utility token sale procedures. What are utility tokens in a nutshell? A utility token is a blockchain-based cryptographic token that represents a right of a token holder to access the project’s …
Lightbulb Capital’s Dan Liebau: Closing Your Token Sale Is the Start of Your Journey, Not the End
With crypto industry gaining considerable attention, regulators all around the world are becoming increasingly aware of the need to reassess their somewhat blunt regulatory approaches. To discuss crypto and securities markets and analyze challenges of traditional versus digital asset market regulations lawless.tech approached Dan Liebau, the founder of financial research and consulting company Lightbulb Capital …
Axon and DJI Partner Up to Equip US Police With Very Capable Flying Helpers
All the drone hype brought up in the recent years seems to be subsiding, giving way to ICOs and AI. But what if you take the so-yesterday drone debate, mix it with evergreen SkyNet-esque AI controversies and add just a pinch of ever so vigilant government? This time, you probably won’t like the answer, let …
Patent Wars Get Personal: Developer Jarek Duda Claims Google Patents His Public Domain Contribution
The issue of interaction between giant international corporations and humble human beings has been, at least most of the time, one of the major concerns for cyberpunk fiction. The genre’s cornerstones like the original Blade Runner or Total Recall (1990) tend to depict corporations as inhumane entities throwing the world into the gorge of dystopian …
ICO Beyond the Hype: Legal Status, Models, Cases
The first ICO was conducted in 2013. Since then this model has proven itself as a relatively efficient and affordable way to raise funds for product development. In 2018 alone three biggest ICOs have raised approximately $11 billion. The most well-capitalized of those is El Petro, the oil-backed cryptocurrency issued and backed by the Venezuelan …