This paper discusses the differences between private shared ledgers and public blockchain to support commercial consortia. It then identifies the critical choices to be taken in forming a consortium, including the necessary components of a governance and operational framework.
Corporations need to change and innovate quickly and aggressively to stay competitive in today’s environment. Major disruptors are changing the rules of the game on a daily basis. Traditional customer models are being dis-intermediated, and core businesses are coming under threat. “Change and innovation” is the new steady state – and the speed of change is critical to a corporation’s competitiveness.
Gilbert + Tobin’s TMT team works closely with our clients to maximise the opportunities of digital transformation, and enable them to become agile, intelligent, digital businesses.
We are passionate TMT specialists, and we have built a leading reputation across multiple industries. For more than a decade we have been ranked in the top tier of The Legal 500 Asia Pacific and Chambers Asia Pacific for TMT.
Our reputation is built around our ability to execute with innovation, excellence, agility and deep industry knowledge. We don’t just deliver on the status quo – we work closely with our clients to identify how things need to work differently:
- Driven by cloud, mobility, the Internet of Things, robotic process automation, data analytics and design thinking.
- Leading the development of new strategies, new commercial models, new approaches to procurement, new approaches to governance, and new approaches to contractual and compliance frameworks.
We focus on the big picture – not just the legal issues, but also the strategic and commercial issues, the business requirements, and how to execute in a fast and agile manner. We have deep expertise in regulatory and compliance – including privacy and security requirements, and industry-specific regulations – this is a critical factor in our ability to develop integrated corporate frameworks that address these challenges in new cloud-based environments.
Our specialised focus on TMT and our wealth of experience enable us to deliver significant value to our clients – putting them in the best position to maximise the opportunities of innovation and digital transformation, and making it happen in a fast and agile manner.
- Gilbert + Tobin's TMT team is ranked Band 1 by Legal 500 2017 in the IT and Telecoms category.