In the English law, “true sale” incorporates the securitisation structures around existing receivables in two forms. We first have to…

I will discuss the current state of play in ICOs. In my posts, I will demonstrate categorically that no token…

In economic terms, we want to assign liability such that the optimal damage-mitigation strategy occurs. The victim of a breach…

  1.1 Overview of the Australian GST system GST is a broad-based consumption tax, and is imposed on taxable supplies and…

Continuing the look into the use of Bitcoin (BCH) as money we look at the legal definition of “money”. In…

Bitcoin is money, but it is also a ledger, a commodity and a token. It is all these things and…

First, we need to note that Bitcoin is an economic system and in economics, incentives and intent matter. The loss…

The main advantage to a system’s engineering approach is the ease with which it can be automated. Various inputs and…

This umbrella document describes a distributed platform open to public participation for managing the automation of tasks that interfaces with…

The Bitcoin system may be broken down into the following “phases”: Mining; Holding Bitcoin; and Transferring Bitcoin. Each of these…

We present an analysis of the establishment and execution of contractual agreements embodied as deterministic finite automata (DFA). The contract…

In its simplest form, a bitcoin transaction involves the creation of an entry in a ledger. The value on the…