Nerd Lawyer

Nerd Lawyer

I look at legal and policy issues and developments in the tech space.

Legal Ownership and Copyright Problems in NFTs

8 Jul 2022 2 minute read 0 comments P.M. Dizon

What legal rights do you have as an owner of a Non-Fungible Token (NFT)?   When you purchase an NFT, you purchase a code that represents a token. That  token is not a drawing, illustration, or a real tangible object. It's just a piece of code that re...

DeFi Lending Cannot be deemed an Investment Contract or Security

15 Sep 2021 6 minute read 1 comment P.M. Dizon

This is a summary of the original article by the author at this link. ------ Recently, the U.S. Securities and Exchange Commission (SEC) warned Coinbase that lending out cryptocurrency is considered as engaging in trading of securities, but did not e...

Why institutions are still hesitant about Bitcoin

26 Jul 2021 4 minute read 1 comment P.M. Dizon

Many in cryptocurrency wonder why up to now, many institutions are not buying Bitcoin or its derivatives. There are now a number of large companies holding Bitcoin as an asset. This includes 36 public companies worldwide. El Salvador had made Bitcoin...

Adding Actual Value to Non-Fungible Tokens (NFT)

25 Jul 2021 2 minute read 0 comments P.M. Dizon

There are many legal problems non-fungible tokens (NFTs) solve with regard to property ownership. There are three kinds of NFTs - those for authentication, those that function as securities, and those that are purely intellectual property. NFTs that...

PayrLink - Escrow and Arbitration using blockchain technology

24 Jun 2021 9 minute read 0 comments P.M. Dizon

Let's review and discuss PayrLink. It's a new DApp that allows decentralized escrow and arbitration.  Legal Technology (Legaltech) used in arbitration enabled more rapid and supposedly reliable settlement approaches by providing case management solut...