Practices

Blockchain Technology

Overview

Distributed ledger technology, also known as blockchain, promises to revolutionize the way companies and many governments globally will operate, as well as how they will source, sell, and deliver their goods and services. From startups to established industry leaders, companies are exploring and adopting distributed ledger technology in a diverse range of sectors, including financial services, venture capital, manufacturing, retail, health care, insurance, telecommunications, energy, intellectual property management, cloud technology, and the Internet of Things (IoT). As the blockchain ecosystem continues to evolve, it will pose a wide range of opportunities, as well as challenges, for businesses utilizing the technology and for their customers.

With an unrivaled combination of regulatory, compliance, intellectual property, litigation, insurance, and government enforcement experience, Wiley Rein’s Blockchain Technology Team has a long history representing corporations and individuals who are on the cutting edge of technological advancement and adoption. Our team is uniquely positioned to help clients develop and implement blockchain strategies and navigate and influence the complex legal and regulatory environment surrounding supply-chain management, smart contracts, tokenization, crypto-assets, and other blockchain applications in the United States and across the globe. We routinely help clients analyze provided scenarios, and offer consultation about the relative value-add potential and risks for blockchain utilization, including the strategic use, trading, and exchange platform development of cryptocurrency.

The attorneys in our Practice are thought leaders with sophisticated technology regulatory, transactional, and litigation experience. They are routinely asked to write and speak on complex issues related to the development, implementation, and regulation of blockchain and crypto-assets. And they are uniquely positioned to counsel clients in connection with distributed ledger technology, as well as issues of privacy and data security, consumer protection, technology transactions and licensing, intellectual property, compliance, employment, insurance, litigation, and other areas that accompany it. Our recent experience includes:

  • Blockchain technology adoption and implementation
  • Product viability, development, solution strategy, solution awareness, and white papers
  • Anti-Money Laundering and Know Your Client
  • Development of business and vendor relationships
  • Cryptocurrency trading platform development and regulation
  • Litigation (SEC, CFTC, FTC, FinCEN, employment, business dissolution)
  • Cybersecurity, risk consultation, and data privacy
  • Technology transactions
  • Venture capital and private investments
  • Digitized assets and digital identity
  • Global, federal, and state regulatory frameworks (including the New York State Department of Financial Services’ BitLicense program)
  • Public policy and government affairs
  • Federal and state investigations and enforcement defense
  • Insurance products, coverage, and disputes
  • Consumer protection and regulatory advice

Contact Us

Richard W. Smith
202.719.7468 | rwsmith@wileyrein.com

Mary E. Borja
202.719.4252 | mborja@wileyrein.com

Our People