Experts to host legal seminar on Blockchain, Smart Contracts and ICOs in Madrid

Starting Wednesday, Blockchain España is hosting three-day seminar on Blockchain, Smart Contracts, and Initial Coin Offerings (ICOs) with a cadre of legal experts at Impact Hub Madrid.

Aimed at companies looking to launch ICOs, legal experts, academics, and public administrators, the seminar kicks off Wednesday, November 15, and will consist of five modules across three days.

Agenda

On the first day, Modules 1 and 2 will explore the topics of Blockchain technology (including building a Blockchain node), bitcoin, ethereum, and legal challenges.

Day two will be all about Smart Contracts and will be an introduction to Solidity software. Solidity is contract-oriented, high-level language whose syntax is similar to that of JavaScript and it is designed to target the Ethereum Virtual Machine (EVM).

A contract in the sense of Solidity is a collection of code (its functions) and data (its state) that resides at a specific address on the Ethereum blockchain.

The final day, Friday, will cover ICOs and DAOs. Basically, ICOs are unregulated means by which funds are raised for new cryptocurrency ventures, according to Investopedia.

DAOs, or Decentralized Autonomous Organizations, “aim to hard-code certain rules that a company would from the get-go. This could be setting aside a certain percentage of earnings for a cause or determining a process by which such a rule could be changed,” according to CoinDesk.

Legal Experts

The legal experts include:

• Ainhoa Calvo – specialist in quantitative economics, micro-economics, and Big Data.
• Manuel González Meneses – notary and expert in Blockchain technology.
• Julián Inza – CISA-certified auditor who collaborates with different institutions as an expert in blockchain, electronic banking, payment methods, electronic administration, electronic justice, digital identity, electronic signature and digital diplomacy.
• Dr. Almudena de la Mata – co-Founder of Blockchain España and the Blockchain Society.
• Florentino Sainz – BBVA CIB consultant, technical architect, and Big Data optimizer who works on Blockchain development projects.
• Alejandro García de la Cruz – CEO and Cofounder of Icofunding, and lawyer specializing in Blockchain and Smart Contracts.

The course begins at 9AM each day and totals €1,573.  Those interested can email blockchainespana@gmail.com. Impact Hub Madrid is located at:

C/ Alameda, 22.
L-V de 8h30 a 20h30

C/ Gobernador, 26.

Madrid 28014

What is Blockchain?

Co-Founder of Ethereum and co-Founder of Bitcoin Magazine, Vitalik Buterin describes Blockchain as “a magic computer that anyone can upload programs to and leave the programs to self-execute, where the current and all previous states of every program are always publicly visible, and which carries a very strong crypto economically secured guarantee that programs running on the chain will continue to execute in exactly the way that the blockchain protocol specifies.”

In human words, Blockchains are owned by nobody, but accessed only by peers that create the blocks and others they choose to share them with, according to The Sociable.

However, the power of Blockchain technology is not just for cryptocurrencies and can be applied across industries.

For example, DADA, a social network where artists speak to each other through drawings, is using the Ethereum Blockchain to power its digital art marketplace.

“For the first time, blockchain technology allows us to create digital scarcity and sell limited editions of digital drawings with intellectual property protection for the artists and a proof of ownership for collectors. This marketplace is run by smart contracts that verify each transaction so that artists always have control of the value and whereabouts of their work, and they always get their fair share,” said Beatriz Ramos, Founder of DADA.