In the first part of the article, we explored consensus protocols as a concept and provided a high-level overview of some of the jargon which is commonly associated with the field. This second part focusses on one consensus protocol ‘flavour’: proof of work. What is proof of work? ‘Proof of work’ is the name given to the
It is probably fair to say that non-resident investors have borne the brunt of the changes affecting the tax landscape for investors in UK real estate. They may be forgiven for feeling slightly persona non grata as far as the Treasury is concerned. Capital gains The imminent change affecting non-UK resident investors in UK real estate (effective
We have previously explored blockchain, cryptocurrencies, ICOs, blockchain-based smart contracts and consensus protocols which you can discover in our blog The Blockchain Consensus. This article focusses on another piece of jargon which accompanies this field and seeks to explain the difference between a public and a private blockchain. A blockchain is characterised as being either
Mishcon de Reya and the network Women Who Inspire celebrated International Women’s Day by hosting a discussion on kindness in leadership. Leading London-based Russian and CIS business women from a variety of industries came together to discuss the role that empathy, compassion, kindness and purpose have played in helping them navigate the modern business environment
In our previous 101 articles which you can find on our Blockchain Consensus blog, we have explored blockchain, cryptocurrencies, ICOs and blockchain-based smart contracts. This article focusses on an often used but seldom understood piece of technical jargon which often accompanies this field: the consensus protocol. Because of the complexity, we’re breaking this article down into
As flagged in the Budget 2018, we now have the Government’s consultation regarding the proposed 1% additional rate of SDLT for non-residents. The consultation ends on 6 May 2019 and will then ‘be legislated for in a future Finance Bill’. So, in theory, the new rules could come into force later this year after the
Imagine paying people no strings attached cash, whether they have a job or not. In California, two experiments are being planned that some think could be the solution to a potentially jobless dystopian future.
On Tuesday 29 January, we hosted an event on the implications of Russian sanctions for international and Russian businesses in 2019 and beyond.
Choosing the name of any new development is a critical part of the process of creating its brand identity. Where possible, development names should be registered as a trade mark. A registration is a valuable business asset (it can be easily enforced against unauthorised or confusingly similar uses) and it can be bought, sold, licensed or
On the first International Data Protection Day after the GDPR came into effect, Mishcon de Reya’s Jon Baines reflects on the current data protection issues. The General Data Protection Regulation (GDPR) became directly applicable on 25 May 2018, accompanied by much media clamour and business disquiet. Some commentators warned of enormous administrative fines, whilst others forecast “SARmageddon” (a huge
Sixteen social media stars – including celebrities such as Alexa Chung, Ellie Goulding, Rosie Huntington-Whitely and Rita Ora – have provided voluntary undertakings to the Competition and Markets Authority (CMA) to improve disclosure in their social media posts, following a CMA investigation into whether influencers are clearly disclosing paid-for endorsements. They have undertaken to make it clear