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Digital Economy

The Digital Economy is changing the landscape of business. We work alongside our clients to help them thrive in these fast moving times.

Businesses are embracing the digital economy at a rapid pace.

From the rise of the Cloud and the increasing value of data through to the application of innovations arising from the use of AI and blockchain derived processes, business is changing and this is having fundamental effects on sectors as diverse as financial services, property, sports and leisure, retail and manufacturing and media.

These changes are creating both challenges and opportunities, causing some businesses to revisit parts of their infrastructure which may not have changed for decades whilst other sectors are seeing wholesale revisions to how services and products are manufactured and delivered.

For those responsible for the design and execution of new technologies this can be a significant opportunity, and we are already seeing that trend accelerate the demand for innovative solutions that are being developed by a number of our Entrepreneur clients.

Through our ongoing focus on the Digital Economy we aim to share new knowledge and new ways of working and highlight some of the exciting innovative solutions being devised by our clients. We have provided some more information on some of these areas below, together with a selections of related articles and insights.

  • The Future of Regulation - AI for Consumer Good 
    Christopher Woolard, Executive Director of Strategy and Competition at the Financial Conduct Authority (FCA), delivered a speech on themes surrounding the implications of artificial intelligence (AI) for both regulators and the financial services industry at large. Andy Peterkin look at the implications of AI from three key perspectives: continuity, public value and collaboration.

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    PropTech - opportunity or threat?
    We hosted a panel session to discuss how the real estate industry, which is often seen as a fairly inflexible and cyclical sector, has been disrupted by tech and where the threats and opportunities might lie. Krista Kojecky considers the key take-aways from this event. 

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    AI - a new sense of reality for luxury retail
    Charles Fursdon and Henrietta Richards consider the ways in which Artificial Intelligence (AI) is changing the concept of “customer service” for luxury shoppers.

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  • Cryptoassets: a guide on key legal issues
    In the case of AA v Persons Unknown and Others, Re Bitcoin, the English High Court granted an interim proprietary injunction over Bitcoin. In doing so, it gave detailed consideration to the legal status of the cryptocurrency, confirming in clear terms that “cryptoassets such as Bitcoin are property”. Kate Allass (Farrer & Co) and Hazem Danny Al-Nakib (Sentinel Capital Group) summarise the answers reached by the LawTech Delivery Panel to the critical legal questions in this developing area. 

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    Cryptoassets and tax: an alternative view?
    Cryptoassets such as Bitcoin are becoming increasingly familiar and respected in financial circles. However, their legal status and tax treatment is still not universally understood, which can present unique risks and opportunities for coin holders. James Bromley considers their legal status and whether  there even be an argument that they escape tax altogether. 

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    Crypto, bitcoin and charitable
    As well as thinking more about end-of-life giving, Philip Reed and Caroline Vollers explore the potential benefits of charities engaging with crypto assets more generally and discuss the readiness of organisations in the sector to accept such donations and the opportunities this presents.

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  • Read our latest articles on data ownership and GDPR

You can find more about the views and experiences of our clients and contacts by listening to our interview with Akshaya Bhargava, the CEO of Bridgeweave, who focus on the application of AI to the financial services sector.

We have extensive expertise on the legal issues that arise from the Digital Economy.

Some of the legal services that are core to the Digital Economy are set out below.

If you want to view our full services please click the following link.

Legal Services

By listening to each client, by treating each matter as unique and by intelligently applying a deep understanding of the law, we enjoy embracing these changes and value the opportunity to work with our business clients on issues that are core to their future.

Through our ongoing focus on the Digital Economy we aim to share new knowledge and new ways of working and highlight some of the exciting innovative solutions being devised by our clients.

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