The California Consumer Privacy Act: How it May Impact Your Ohio Business

The California Consumer Privacy Act of 2018, which goes into effect in 2020, affects businesses doing business in California that satisfy one of the following thresholds: (a) has annual gross revenues in excess of $25 million; (b) annually buys, receives, sells or shares the personal information of 50,000 or more consumers; or (c) derives 50% or more of its annual revenues from selling consumers’ personal information. However, businesses are exempt from the act if every aspect of their commercial conduct takes place outside of California. [More]

New Smart Contracts on Blockchain Increase Efficiency and Security

Smart contracts are becoming a very viable option today as blockchain technology emerges in the marketplace.
In simple terms, a smart contract is a computer program with conditions encoded into its language. Once agreed upon, it is placed on blockchain – a digital ledger that records transactions in cryptography. Each transaction is recorded chronologically and publicly. Blockchain is highly resistant to modification, so smart contracts allow trackable, irreversible transactions without third-party intermediaries. [More]

An Introduction to Blockchain

Often confused as being synonymous with bitcoin or other cryptocurrencies, blockchain is the underlying technology upon which the cryptocurrency concept was built. Blockchain first made its debut in 2008, and its relationship to bitcoin has been compared as such: blockchain is to bitcoin, what the internet is to email. [More]