As a blockchain startup, a fundamental knowledge of intellectual property law is a must. A legal team or consultant is an important part of any growing company, but companies can save a lot of money and grief by understanding the basics from the very start. This article will cover the essential things to know about intellectual property and the blockchain.
The government of Switzerland has announced that it is looking forward to accommodating the blockchain sector within its existing financial legalities. Switzerland’s Federal Council has issued a legal framework for blockchain i.e. the distributed ledger technology. The framework states that the country’s existing rules can be amended to some extent to house such new technologies.