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08 Jun 2018

Australian Partnership launches Commercial & Legal Framework for Accelerated Blockchain Growth

Recognised for being one of the first technology companies in Australia to have live commercial blockchain pilots across multiple sectors, Lakeba will work with Piper Alderman’s legal team to help navigate the legal implications and requirements associated with implementing blockchain and cryptocurrency solutions for clients and prospects of Lakeba.

The parties will benefit from reciprocal introductions and a close working relationship, ultimately designed to drive an entrepreneurial mindset for clients across all their businesses and strengthen the innovation reputation of the Australian market.

“Lakeba is one of the first to have commercialised a range of blockchain solutions as a result of recent strategic partnerships across a number of industries including energy, education, resources, banking, and professional services groups. The accelerated investment in the development of blockchain solutions by our customers, is evidence of the fast-growing demand and confidence of business leaders for this emerging technology,” said Giuseppe Porcelli, CEO and Founder of Lakeba Group.

“By partnering with Piper Alderman, we’re in a stronger position to provide the full range of services to customers from development, implementation, legal and compliance necessary to ensure blockchain solutions deliver the promised business impact, with less risk.

“The benefit of this partnership with Lakeba will help put Australian businesses on the right trajectory for accelerated blockchain adoption. Our blockchain team at Piper Alderman has recognised expertise, with a deep understanding of the disruptive nature of this technology and legal issues arising from the use of blockchain and DLT”, said Michael Bacina, Partner in the Piper Alderman Cryptocurrencies and Blockchain Group.

“This is one of the most exciting times for the adoption of blockchain and distributed ledger technologies by Australian business. With the right advice, Australian business leaders will have the confidence to extend their investment in blockchain solutions,” Michael said.

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