Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back.
Oleksii Konashevych
Oleksii Konashevych has a Ph.D. degree in law, science, and technology and is the CEO of the Australian Institute for Digital Transformation. In his academic research, he presented a concept of a new generation of property registries that are based on a blockchain. He presented an idea of title tokens and supported it with technical protocols for smart laws and digital authorities to enable full-featured legal governance of digitized property rights. He also developed a cross-chain protocol that enables the use of multiple ledgers for a blockchain estate registry, which he presented to the Australian Senate in 2021.
- Expert Take
Do you have the right to redeem your stablecoin? - Expert Take
DAO regulation in Australia: Issues and solutions, Part 3 Progressive DAO regulation means questioning accepted institutions: public registries, licensing and corporate rules. Are lawmakers ready?
- Expert Take
DAO regulation in Australia: Issues and solutions, Part 2 DAOs appeared as the response to red tape and obsolete approaches in governance. Will regulation in Australia stifle innovations?
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DAO regulation in Australia: Issues and solutions, Part 1 Certain laws need to be passed before DAOs can be properly regulated, which the Australian government aims to achieve.
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Private distributed ledger technology or public blockchain? Is every chain of blocks a blockchain? What is the fundamental difference between private and public networks?
- Opinion
Takeaways: 5 years after The DAO crisis and Ethereum hard fork A wave of events five years ago formed the reality of the crypto industry, but did we really make proper conclusions?
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European central bank execs are wrong — Intentionally or unknowingly? Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients.
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DeFi: A shrinking window of opportunity With regulators unlikely to change old-fashioned rules in favor of the emerging market, DeFi might be burdened under fraud and new portions of restrictions.
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Title Token for Blockchain Estate Registry, Part 3 Discussing cross-blockchain protocol that enables the use of ledgers in an interoperable bundle.
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Title Token for Blockchain Estate Registry, Part 2 Focusing on title tokens, a theory of smart laws, digital authorities and how to protect the system from digital dictatorship.
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Title Token for Blockchain Estate Registry, Part 1 Discussing the reasons for why we need a blockchain estate registry and the constraints of the technology.
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Twitter Wouldn’t Be Hacked if It Were Backed by Blockchain Technology The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm.
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Is Europe’s Experience in E-Signatures and Digital IDs Valuable for Australia? Digital signatures, electronic identification and electronic signatures: Could Europe’s experience with their regulation help Australia (and not only)?
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The Revival of General Partnerships in the Age of Tokenomics, Part 2 Find out how to sign a partnership agreement using blockchain and how to manage cryptoassets and fiat revenue.
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The Revival of General Partnerships in the Age of Tokenomics, Part 1 The general partnership is an almost forgotten business form. Could it be a suitable model for doing international commerce and startups?
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Will Blockchain Stop Personal Data Leaks? Every sixth Facebook user will have their personal data exposed. This will happen with any centralized service unless we use new KYC methods with blockchain.
- Expert Take
Real Estate Registry on Blockchain: Promise Land or Wishful Thinking? Researcher from RMIT explains why startups will fail to fulfil their promises to disrupt real estate with blockchain.