Akrum El Menshawy, Courtesy Photo Can Blockchain and the Law Ever Be Reconciled?
Dr Akrum El Menshawy, a lecturer in law at Nottingham Trent University, discusses the risks users potentially face when engaging with decentralised cryptocurrencies and the regulation around the issue.
January 31, 2024 at 04:33 AM
5 minute read
Opinion
Dr Akrum El Menshawy is a lecturer in law at Nottingham Trent University and an expert in the law surrounding blockchain and crypto assets and Web3.
The decentralised world of cryptocurrency provides a novel and enticing asset. Hearing words such as crypto and blockchain can cause many pertinent questions to arise, how will it be adopted, how will it be regulated, can I truly make money from it?
It is important to note that blockchain technology has its uses, whether it's the truly decentralised community-based approach you are seeking—unpermissioned, also known as permissionless blockchain—or the desire for an enhanced efficiency in distributed sharing of information controlled by a central party—or permissioned blockchain.
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