The blockchain phenomenon started in 2008 when a person (or perhaps group of people) going by the name Satoshi Nakamoto published a paper describing a peer-to-peer electronic cash system. The implementation of this system would eventually become Bitcoin. However, the effect from the Satoshi paper was not limited to just the creation of Bitcoin. The premise of having a cryptographically based currency, whose validity was based upon network based trust relationships has led to multiple new cypto-currencies and opened up a new methods that businesses and communities can operate. In particular, the release of the cypto-currency Ethereum, and its smart contract functionality has created the ability for companies to quickly create cypto-currencies and tokens that implement business functions in the token itself.
Capital Legal Group assists companies who are implementing software and services related to blockchain technology. This includes assisting companies who intend to perform an Initial Coin Offering (ICO), arrange a Simple Agreement for Future Tokens (SAFT), or advising on other innovate ways to utilize blockchain technology. In additional, Capital Legal Group's lawyers stay up-to-date on recent developments related to blockchain law, including regulations on securities, international attention given to coin exchanges, and other risks that using blockchain technology users face.