KUALA LUMPUR: Decentral Inc, a Canada-based blockchain company, and Gowling WLG have announced a strategic alliance to optimise commercial and legal applications of blockchain technology.
The relationship will allow the two companies to fuse their expertise on a number of significant initiatives.
These are from engineering practical smart contract technology and drafting foundational legal precedents documents, to helping regulators establish frameworks that encourage the responsible growth of Canada's thriving blockchain sector.
Also, as part of the agreement, Decentral will help Gowling WLG to develop its internal blockchain infrastructure and client-facing tools, while Gowling WLG will provide comprehensive legal guidance on Decentral's current practices and ongoing projects.
“This alliance demonstrates Canada's leadership in the blockchain space – a winning combination of a world-class blockchain software team plus a best-of-breed legal team,” said Decentral's president, Addison Cameron-Huff.
“Together, Gowling WLG and Decentral will help to refine and architect the burgeoning Canadian blockchain industry, lifting the technology to new heights,” he said.
Decentral's founder and chief executive officer, Anthony Diiorio stated that Canada is one of the leaders on the world stage for blockchain and cryptocurrency, and he is confident that Decentral's strategic alliance with Gowling WLG will further cement the country's place as an innovation hub. — Bernama
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