Blockchain technology continues to be recognized as a transformative force across industries.
It provides a decentralized and transparent way to record and verify transactions, offering higher security and eliminating the need for intermediaries. The potential applications of blockchain are vast, ranging from supply chain management to digital identity verification, and many businesses are beginning to explore the possibilities.
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The application of the AI Act, the European Union’s comprehensive legislation on artificial intelligence , is now underway. Although the regulation formally came into force in August 2024, the first set of prohibitions only became effective on Sunday, 2 February 2025. Around 60 additional implementing measures are still required to fully operationalise the framework established by Regulation (EU) 2024/1689.
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The term “artificial intelligence,” first coined by John McCarthy, Professor Emeritus at Stanford, in 1955, describes it as “the science and engineering of intelligent machines.” AI has undergone radical evolution over the years. Today, the integration of generative AI presents new challenges within the business landscape and beyond, requiring a thorough examination of its legal implications.
In this article, we will focus on the legal implications of using generative AI in product creation and service delivery.
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As a result of the ongoing uncertainty, businesses must consider ways to minimize expenses while increasing profitability. One of the most important ways to accomplish this is through excellent contract management. In this post, we will look at how automation can reduce administrative costs through better contract management.
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As already said in our article here a clear and effective strategy for ESG has become a “must have” for companies rather than a “nice to have” to demonstrate that the ESG objectives have been achieved.
Organizations are feeling the pressure to redefine their own environmental goals and are starting to implement lasting changes that will reshape internal operations. Issues around the consistency, transparency, and reliability of ESG data are becoming more pressing as governments and supranational bodies in the UK and EU set new mandatory requirements for company reporting on sustainability.
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Blockchain technology is undergoing a significant transformation, particularly with the advent of Layer 2 solutions. These advancements are crucial in addressing the scalability and efficiency challenges that have long been associated with blockchain networks, particularly in smart contract development. Layer 2 solutions are designed to operate on top of the base blockchain layer, known as Layer 1, to improve transaction throughput and reduce costs without compromising security. This article delves into the essence of Layer 2 technologies, their main features, and their impact on smart contract development.
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In today’s fast-paced world, businesses face many challenges, including operational efficiency, payment processing, and contract management. These challenges require innovative solutions that can help businesses streamline their operations and improve their bottom line. One such solution is the use of blockchain technology, smart contracts, and automation. The World Economic Forum (WEF) recognizes the importance of these technologies and their potential to transform businesses and industries.
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