Publication
A new year ahead for shipping – environmental and regulatory compliance
Much like 2024, 2025 will be a further period of huge change and challenge for all participants in the shipping industry.
Smart contracts are receiving significant attention from businesses across a broad range of industry sectors, and for good reasons. Smart contracts, when used in conjunction with distributed ledgers and blockchains, have the potential to:
- Deliver costs savings by streamlining back office processes
- Verify identity and certify transactions
- Provide an indelible record of transacting history
- Enable strangers to trade directly with each other without the need for a trusted third party intermediary
- Automate buy, sell and supply transactions on a B2B and B2C basis, including in combination with the internet of things
Our global technology team have created a guide entitled Smart Contracts: coding the fine print to address some of the legal, regulatory and commercial issues relating to smart contracts. The guide also considers the potential impact of smart contracts on various industry sectors, outlines the nature of smart contracts and examines potential obstacles to their uptake.
To discuss any of the issues or request a copy of the guide, please get in touch with us.
Preview
Please download an excerpt from our global Smart Contracts guide.
Recent publications
Publication
Agreement on new EU gas projects and measures under the European Green Deal
On November 28, 2023, the European Commission (EC) adopted its first list of Projects of Common Interest (PCIs), i.e., projects within the EU territory, and Projects of Mutual Interest (PMIs), i.e., projects connecting the EU with other countries, including 166 projects implementing the European Green Deal.
Publication
Ireland
The Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted on 31 October 2023, and the much-anticipated commencement date of the Act has now been confirmed to be 6 January 2025.
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