Insights | Bitcoins and blockchains Part 3 (cont.)

Family law and “pre-nup” agreements Also in June 2016, a couple had reportedly encoded a prenuptial template into a Smart Contract on the Ethereum blockchain. This lighthearted “pre-nup” included particular requirements such as mandatory date nights every 10 days and obligations to watch movie series in succession. While we see this as a promising start … More Insights | Bitcoins and blockchains Part 3 (cont.)

Insights | Bitcoins and blockchain Part 3 | corporate governance and family law

This marks the third and final instalment in our Insights | Bitcoins and blockchain series.  In this section we consider some of the limitations of automating aspects of corporate distributions and family law. From the analysis we have undertaken further below, it appears that Smart Contract failure will arise in cases where there is a … More Insights | Bitcoins and blockchain Part 3 | corporate governance and family law

Three letter word missing in the ANZ penalty case

Yesterday we published a summary of the High Court’s decision in the ANZ penalty case. In our summary, we drew attention to Justice Nettle’s analysis of the experts’ mathematical calculation of the conceivable heads of loss suffered by ANZ on credit card accounts not paid on time; that analysis is to be commended as it reflects the forensic … More Three letter word missing in the ANZ penalty case

Insights | Bitcoins and blockchains (Part 2)

In Part 1 of our Insights | Bitcoins and blockchains series we introduced the concepts of Bitcoin and blockchains; we also discussed some of the commercial reasons why Bitcoin surged in popularity as a digital currency and alternative means of settling transactions. Parts 2 to 4 of our series will explore potential applications of blockchain technology to the banking, corporate … More Insights | Bitcoins and blockchains (Part 2)

Tax insights: investing in property (part 1)

About to buy your second property?  STOP AND READ THIS! We previously published a popular article discussing negative gearing with property investments which offered 5 useful tax tips to consider when buying property. In this series, we will discuss further opportunities to take into consideration when investing in property. Part I discusses what happens with a … More Tax insights: investing in property (part 1)