DigitalBusiness.Law

DigitalBusiness.Law focuses on Techlaw issues outside the US

The volatile price fluctuations of cryptocurrencies such as Bitcoin and Ether have attracted huge media and business interest in blockchain technologies.  But there is more to the technologies than recording Bitcoin payment instructions on a public blockchain network. Blockchains are widely regarded as one of the most important technologies of the future, because of the benefits that they promise to deliver: greater cost-savings, enhanced security, and data reliability. Cost savings because they cut out the…
As the UK moves glacially towards some form of Brexit, attention shifts towards EU cyber security regulations and the potential impact of Brexit on regulatory compliance of UK headquartered businesses. What follows is based on information provided as part of the No Deal Brexit preparations by the UK Government. In the event of the new withdrawal agreement being fully ratified before Brexit, the UK will continue to operate as if still part of the EU…
“Technological sovereignty” is the buzzword of the incoming European College of Commissioners, where Fintech looks set to be the subject of increasing regulatory scrutiny. The Commission is planning to set up a Fintech unit in early 2020 within the Commission’s department for financial services, known as DG FISMA.  German Commission official, Jan Ceyssens, is expected to head the new unit which will be responsible for drawing up rules on cyber security and crypto assets, as…
Background As the use of Tech becomes more central to our everyday lives the potential need for regulatory controls over the use of innovative Tech solutions is becoming a more frequently raised question.  Many of us had accepted the inevitability of the state scrutiny of online communications as revealed by the initial Wikileaks/Snowden Prism revelations.  However, the scale and extent of on-line political manipulation brought to light in the Facebook/Cambridge Analytica scandal was something of…
By Ben Hughes and Russell Williamson “Good morning, Dave.” It’s fairly safe to say that, in the main, those of us who practice commercial law do not have sufficient expertise in computer science to assess whether any given computing system is based on artificial intelligence (AI) techniques or on more traditional system development techniques.  Indeed, AI systems are often described in terms that, to us laypersons, seem better suited to science fiction – as exemplified…
The world of business and digital policy making is expected to come together on 14 November to watch the European Parliament Hearings of France’s new candidate for the post of Internal Market Commissioner, the former tech industry leader Thierry Breton. In a bold move, President Emmanuel Macron of France proposed Breton, former CEO of the French information technology company Atos, as the next Internal Market Commissioner. The incoming European Commission President, Ursula von der Leyen,…
By Francine Cunningham, Senior Public Affairs Manager (Brussels) Very different fates have befallen the candidates for the two most important digital posts in the incoming EU College of Commissioners. France is hoping that a new candidate for the post to Internal Market Commissioner will win the acceptance of the European Parliament, following the painful rejection the initial choice, Sylvie Goulard. Meanwhile Margrethe Vestager, who was nominated as the new Executive Vice President for a “Europe…
‘Technological sovereignty’ has become the new buzzword among digital movers and shakers in the EU institutions, as the Commissioner candidates who will oversee digital policy making prepare for their Hearings in the European Parliament. Internal Market Commissioner-elect, Sylvie Goulard, is due to appear at her European Parliament Hearing on Wednesday (2 October) where members of the Industry and Internal Market Committees will lead the questioning. The French politician will be asked about plans for a…
AI technologies are being rapidly implemented into drug development pathways, and large pharmaceutical companies are collaborating with smaller technology groups and new start-ups to do so. Whilst these technologies are reducing the cost and time-frame associated with developing a medicine, does AI have the potential to limit a company’s monopoly right over drug discoveries? There is no denying that drug development is time consuming and expensive. According to several industry studies on the drug approval…
Technological advancements in recent decades have seen developing countries leapfrog stages of growth; by-passing expensive infrastructure investment. Smart phones are a prime example of this: connecting remote regions to telecoms networks and financial institutions without the need to develop landline infrastructure or open brick and mortar branches. AI appears to offer significant benefits for developing nations. Various technologies are already being developed to promote productivity and wellbeing in the developing world. AI is being used…