The blockchain is one of the most innovative developments in business technology, but it can often be complex to understand and implement. The decentralised system operates as a digital money system, with the ability to record and trace information, as well as providing businesses with new possibilities for conducting transactions.Learn more :b3i.tech/
With increasing public awareness, many enterprises are examining or are already using blockchain. It can be used in areas such as supply chain management, shipping, logistics and finance, but is particularly useful for traceability – it provides a means to prove the origin and authenticity of products ranging from food to clothing. It is also increasingly being used for cryptocurrencies, such as Bitcoin.
Crypto Wallet Experts and Developers in the UK
As more people invest in these digital assets, the UK’s legal frameworks are evolving to address their regulation. Our teams are helping clients to navigate this new terrain, including advising multinational regulated businesses on securities issues, cryptocurrency exchanges on anti-money laundering and sanctions compliance, and global non-fungible token (NFT) marketplaces on regulatory and enforcement matters.
We are also members of CryptoUK, the UK’s leading industry trade association for crypto and digital asset matters. The organisation has led key policy campaigns since its formation in 2017, including contributing to the Kalifa Review and helping to create the Crypto Assets Task Force, which brought together HM Treasury, the Bank of England and the Financial Conduct Authority. It has also helped to drive the Travel Rule legislation that came into force in September.