Month: April 2017

What is Cloud Computing? Architecture and Data Security

Cloud computing is an architecture engineered for providing computing services via the Internet. The key features of a cloud computing service are the presence of an on demand and pay per use usage facility to a pool of shared resources,...

/ April 12, 2017

Breaking: Smart Contracts (blockchain) legalised in Arizona

  On March 29, (2017) Arizona Governor Doug Ducey signed the bill HB 2417 into law. As covered earlier by IndiaTechLaw on Smart Contracts, this bill seeks to amend the current law and bring legal validity to blockchain signatures.   What are blockchain signatures?...

/ April 8, 2017

Breaking: Bitcoins legalised in Japan – legal framework and tax treatment

The Japanese have brought into force a new legislation treating digital currency as a legal payment method, from the beginning (1 April 2017) of this fiscal year. Bitcoins are now legal tender in Japan and are at par with other fiat...

/ April 5, 2017

Value of bitcoins; RBI on bitcoin; legality of bitcoin transactions in India

Bitcoins are numbers you can trade with. People would be ready to exchange goods and services with bitcoins as they value the bitcoin numbers. Compared to currency which is made out of thin air by a central bank, bitcoins and...

/ April 5, 2017