The Blockchain is the digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network. This technology is what makes the new wave of internet infrastructure (Web3) and cryptocurrency possible, by securing data with a new innovative structure.
Prior to blockchain technology a database was structured into tables, whereas a blockchain, like its name implies, structures its data into chunks (blocks) that are strung together. This data structure inherently makes an irreversible and secure timeline of data that will remain forever.
The increased use of blockchain and cryptocurrencies has given rise to complex legal issues in the areas of business transactions, bankruptcy, corporate law, securities offerings, real estate transactions, privacy, and intellectual property.
Smart contracts which allow for transactions on the blockchain are ideally formulated through a Collaboration between lawyers and blockchain developers.
Rose Law Group is the first full service law firm to employ blockchain developers in order to provide the most sophisticated and effective Smart Contracts and the first law firm with an office in the metaverse, serving metaverse-based businesses. We also offer event design and hosting on the well-situated land we own in Decentraland.
Our team can assist with:
● Drafting, coding and implementing Smart Contracts
● Coding gas-efficient custom and secure smart contracts to store NFT information, which bring transparency, time efficiency, precision, safety, cost-effectiveness, and trust into blockchain transactions for your community
● Providing suggestions, reviews, including metadata storage through IPFS
● Testing, writing smart contracts for different tokens (ERC-20, ERC-721, ERC-1155,etc) based on the client’s requirement
● Building secure NFT Minting Websites with metamask wallet connection and web3 integration
● Designing and building decentralised and centralised web applications of different types (NFT marketplace, crypto website, NFTs, blogs, e-commerce stores, personal website) from scratch to production using the best and secure web development technologies
On Our Team
In The News
Paul Coble, chair of Rose Law Group’s AI, intellectual property, and technology law departments, and now a certified Artificial Intelligence Governance Professional!
The AI Governance Professional (AIGP) certification is designed to equip professionals with the knowledge and skills necessary to responsibly adopt commercial AI technology. The certification emphasizes the technical, ethical, and legal issues in AI governance on a global scale. As AI plays an increasing role in business operations, AI Governance Professionals bring the expertise required to minimize and mitigate the
Judge dismisses copyright lawsuit against OpenAI; Paul Coble, chair of Rose Law Group’s AI, intellectual property, and technology law departments, provides insight
By Jack Nicastro | Reason U.S. District Court Judge Colleen McMahon has dismissed a copyright lawsuit against OpenAI. McMahon’s decision, issued Thursday, is a win not just for OpenAI but for everyone who benefits from ChatGPT and similar programs. Raw Story Media and AlterNet Media filed the suit in February, complaining that OpenAI used their articles to train ChatGPT and that the bot “regurgitate[s]
Paul Coble, chair of Rose Law Group’s AI, intellectual property, and technology law department, comments on: Signs of perpetuating historic biases emerge as AI takes the helm of decision making
By Paige Gross | AZ Mirror In a recent study evaluating how chatbots make loan suggestions for mortgage applications, researchers at Pennsylvania’s Lehigh University found something stark: there was clear racial bias at play. With 6,000 sample loan applications based on data from the 2022 Home Mortgage Disclosure Act, the chatbots recommended denials for more Black applicants than identical white counterparts. They
