2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Wenhao Shen

Purpose To describe recent regulatory developments in China on digital renminbi (RMB), initial coin offerings (ICOs), cryptocurrency holdings, cryptocurrency exchanges and blockchain technology. Design/methodology/approach Describes a digital RMB pilot program, seven government agencies’ bans on ICOs and cryptocurrency exchanges, the legality of holding and trading cryptocurrencies in China and the government’s endorsement of blockchain technology. Findings No PRC law or regulation prohibits Chinese investors from holding or trading cryptocurrencies but Bitcoin is defined as a virtual commodity, not a currency. Despite a ban on ICOs and cryptocurrency exchanges, the People’s Bank of China (PBOC) and other government agencies endorse blockchain technology as long as its goal is to service the real economy. Originality/value Expert guidance from lawyer with experience in foreign investment, cross-border mergers and acquisitions, capital markets, fund formation and venture capital and private equity investments in China.


2019 ◽  
Vol 24 (03) ◽  
pp. 8-9
Author(s):  
Christoph Scheuplein
Keyword(s):  

Private Equity-Gesellschaften haben sich in den vergangenen Jahren stark auf dem deutschen Gesundheitsmarkt engagiert. So wurde der Gesundheitssektor im Jahr 2017 erstmals in Deutschland zum wichtigsten Anlagefeld für Beteiligungsgesellschaften. Dies umfasst auch Engagements auf dem Klinikmarkt.


Author(s):  
Shreya Joshi ◽  
Ms Bhavyaa ◽  
Suhani Gupta ◽  
Lalita Luthra

Blockchain is considered to be a disruptive core technology. Although many researchers have realized the importance of blockchain, but the research of it is still emerging. It is the record-keeping technology behind bitcoin and is one of the hottest and fastest growing skills in the IT sector today. It serves as an immutable ledger which allows transactions to take place in a decentralized man Blockchain-based applications are rising up, covering numerous fields including finance, healthcare, product management, Internet of Things (IoT), and many more. However, there are still some challenges of blockchain technology such as scalability and security problems which need to be overcome. This paper comprises of a comprehensive study of Blockchain technology. We have included here a deep dive into how blockchains work, its architecture, consensus and various applications. Furthermore, technical challenges are briefly listed.


2019 ◽  
Vol 5 (1) ◽  
pp. 15-22
Author(s):  
Ardian Thresnantia Atmaja

The key objectives of this paper is to propose a design implementation of blockchain based on smart contract which have potential to change international mobile roaming business model by eliminating third-party data clearing house (DCH). The analysis method used comparative analysis between current situation and target architecture of international mobile roaming business that commonly used by TOGAF Architecture Development Method. The purposed design of implementation has validated the business value by using Total Cost of Ownership (TCO) calculation. This paper applies the TOGAF approach in order to address architecture gap to evaluate by the enhancement capability that required from these three fundamental aspect which are Business, Technology and Information. With the blockchain smart contract solution able to eliminate the intermediaries Data Clearing House system, which impacted to the business model of international mobile roaming with no more intermediaries fee for call data record (CDR) processing and open up for online billing and settlement among parties. In conclusion the business value of blockchain implementation in the international mobile roaming has been measured using TCO comparison between current situation and target architecture that impacted cost reduction of operational platform is 19%. With this information and understanding the blockchain technology has significant benefit in the international mobile roaming business.


Author(s):  
Myroslav Kosіak ◽  
Inna Kosіak

The purpose of the article. The article considers the Blockchain technology asan innovative tool. In particular, the essence and background of the developmentof blocks, the principles and specifics of the functioning of the system, as well asthe scheme of its work, are determined. The article presents the prospects forusingdistributed registry technologies (blockchain) in various socioeconomic spheresrelated to state administration. Provided examples and forecasts of the use ofblockchain technologies in the provision of state and municipal services forindividuals and legal entities in the following areas: formation of a unified registercontaining the history of the placement of the state, municipal order, as well asprocurement of corporations with state participation and / or control; registers ofdocuments (diplomas, certificates, lost and disavowed passports, policies for movableand immovable property insurance, health, etc.); database of court decisions andexecutive proceedings; public participation portals for citizens of Ukraine district- city – country. The fact that the blockchain technology is, first of all, theprinciples, and not the only possible way of implementing them, allows us to counton maximum openness and multivariate application in a dynamically changingchanging«digital world». Methodology. The research methodology is to use a combinationof methods: analytical, historical, comparative. The scientific novelty. The priorityof state blockchain systems introduction in stationary and distant voting, distributeddocument circulation, medical data registration, land resources registration,electronic auctions (auctions) in Ukraine was grounded. Conclusions. Already today,blockchain systems can change the role and participation of citizens in the conductof the state-management process, by raising the responsibility level, from thetransparent will expression in the elections to regulating the government serviceactivity in the society’s digitization conditions. The main advantages blockchainsystems using by public authorities that will increase the level of citizens trust todigital technologies using in general, namely: reliability and reliability of datastorage, transparency of transactions and virtually absolute protection of informationfrom distortion and unauthorized removal (relocation), are determined. In furtherscientific research it is proposed to consider the promising areas of the blockchaindigital technology usage: service activities of public authorities, legal proceedings,property rights management, implementation of migration control, verification ofgoods and services, registration of data on passing qualifying tests, patenting,intellectual property, digital identification, logistics , taxation, accounting ofbudget funds movement.


2018 ◽  
Vol 30 (1) ◽  
pp. 81-83
Keyword(s):  

Zusammenfassung Bundesgerichtshof Kein Anspruch auf Austausch von vereinbarter Sicherungshypothek gegen selbstschuldnerische Bankbürgschaft wegen beabsichtigter Veräußerung von Miteigentumsanteilen Vermittlung von Portfolioverwaltungsverträgen keine Anlagevermittlung Zu den Anforderungen des Deutlichkeitsgebots an eine Widerrufsbelehrung Keine Anwendung des § 218 BGB auf das Recht zum Widerruf eines Verbraucherdarlehensvertrags Keine Angabe der genauen Höhe der Kosten bei den Zielfonds im Prospekt eines Private-Equity-Dachfonds Zur Wirksamkeit einer formularmäßigen Bestimmung einer laufzeitunabhängigen „Kostenbeteiligung“ in Darlehensvertrag mit unter Marktpreisniveau liegendem Zins Barabhebung an Geldautomat als maßgeblicher Zeitpunkt für Verfügung von P-Konto Aufklärungspflicht von Anlagevermittler und -berater über Vertriebsprovisionen von über 15 % des einzubringenden Kapitals unter Einbeziehung des Agios Zu Verfügungen des Vollstreckungsschuldners über sein P-Konto Keine Erhebung von Einreden aus Sicherungsvertrag durch Erwerber eines mit einem Grundpfandrecht belasteten Grundstücks ohne an ihn übertragene Rückgewähransprüche Zur Unwiderruflichkeit des Widerrufs einer auf Abschluss eines Verbraucherdarlehensvertrags gerichteten Willenserklärung nach dessen Zugang Zur Auskunfts- und Rechenschaftspflicht eines Mittelverwendungskontrolleurs gegenüber Anlegern eines geschlossenen Filmfonds Zur Berufung des Bürgen auf Leistungsverweigerungsrecht des Hauptschuldners aus einem zwischen diesem und dem Gläubiger geschlossenen Stillhalteabkommen Zur Deutlichkeit einer bei Verbraucherdarlehensverträgen grundsätzlich entbehrlichen Belehrung über die Widerrufsfolgen Oberlandesgerichte Ankauf „gebrauchter“ Lebensversicherungsverträge kein Bankgeschäft i. S. d. KWG Landgerichte Zur Verjährung bereicherungsrechtlicher Rückforderungsansprüche bei zu Unrecht von der Bausparkasse einbehaltenen Darlehensgebühren Unwirksamkeit einer Klausel zur außerordentlichen Kündigung eines Darlehens allein aufgrund (drohender) Vermögensverschlechterung


2015 ◽  
Author(s):  
Nico Rottke ◽  
Randy Anderson ◽  
Sebastian Krautz
Keyword(s):  

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