North Carolina Divorce Lawyers Blog

Articles Tagged with cryptocurrency

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It is finally happening. We’ve written previously on how smart contracts, blockchains, and NFTs may culminate into a new-age method of property ownership. It is now time to put the theory to the test. A virtual currency/smart contract/blockchain/NFT startup is planning on being the first to use these new virtual blockchain technologies to sell a piece of real property. Kind of. Continue reading →

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Last post, we wrote about some cursory copyright issues regarding non-fungible tokens (NFTs). Today, we are going to dive into what happens when NFTs are part of a divorce. While divorce itself is nothing uncommon or new, the NFT craze and how they will be split up is surely uncharted territory for the courts. Continue reading →

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In our last post, we wrote and talked about the basics of non-fungible tokens, or NFTs. They have some value on the market, and when things have value there will be a fight. When I first heard that a Nyan cat NFT sold for hundreds of thousands, and then when a simple picture of a Shiba Inu dog (the image at the heart of the the memecoin dogecoin and, predating that, just the general doge meme) also sold for a bunch of money, I began to wonder how copyright worked in this new NFT realm. Clearly, there was an artist that created the Nyan cat gif/meme/video, just like there would be a dog owner and photographer for the Shiba. Who should be getting paid from the sale of the associated NFTs? Continue reading →

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We’ve recently been writing about virtual currency, blockchains, and a regulatory sandbox for Fintechs. If you follow any of those topics with interest, you’ll very likely have heard of non-fungible tokens, or NFTs. NFTs are no longer questionable internet pictures but have moved into the mainstream. (Even Dolce & Gabbana has joined the NFT bandwagon.) Whether the trend has staying power is another question, but to early investors the NFT world is one filled with opportunity. Continue reading →

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In a previous post, we discussed the basics and legal implications of smart contracts built upon blockchain technologies. These smart contracts are one of the highly touted tools that are set to streamline business. The recent law that formed regulatory sandboxes to promote innovative fintech (financial technology) products portends this State’s promotion of such tools as smart contracts. It is an interesting time to be in the fintech space. Continue reading →

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For those readers that are tech savvy and keep up to date with financial developments, the buzzwords cryptocurrency, bitcoin, and blockchain should immediately ring a bell. Another development called smart contracts should also be on your radar. Essentially built upon blockchain and distributed ledger technologies, these smart contracts are one of the highly touted tools that are set to streamline transactions in a pseudo-contractual space. Continue reading →