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blockchain technology

By McCarthy Tétrault LLP | 24 Minutes Read December 13, 2021

Blockchain vulnerabilities – crypto hacks, blockchain forensics and legal challenges

It is often assumed that blockchain based digital currencies and applications are safe and secure. In fact, blockchain ecosystems including cryptocurrencies such as bitcoin and Ether, smart contracts that power a plethora of transactions, and blockchain exchanges have many vulnerabilities.

Article by McCarthy Tétrault LLP / Finance and Accounting, Information Technology / blockchain, blockchain ecosystems, blockchain technology, blockchain vulnerabilites, cryptocurrency, digital currencies, FinTech, fraud, phishing

By McCarthy Tétrault LLP | 6 Minutes Read August 16, 2019

Blockchain: Just because it’s a buzzword doesn’t mean it’s not the future of the supply chain

In the 2018 contaminated lettuce incident, what if it had been possible to trace the exact path of each shipment of lettuce and then remove from the marketplace only those products that could reasonably have been affected? With blockchain, that would have been possible.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting / blockchain, blockchain technology, Internet of Things, logistics, OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, supply chain, technology, transportation

By McCarthy Tétrault LLP | 5 Minutes Read July 21, 2017

"Not there yet": Bank of Canada experiments with blockchain wholesale payment system

The Bank of Canada embarked on Project Jasper to learn more about the feasibility, benefits and challenges of using DLT as the basis for a wholesale interbank payment system. These systems are crucial mechanisms for the financial industry that allow large financial institutions to process payments to each other as well as to and from central banks.

Article by McCarthy Tétrault LLP / Business, Finance and Accounting, Information Technology, Privacy / Bank of Canada, blockchain, blockchain technology, financial institutions, FinTech, operational risk, payment, payment systems, privacy

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