By Michael Hewitt (October 15, 2021, 5:53 PM EDT) — Whatever your thoughts on blockchain technology and crypto assets, they are here to stay. According to Crunchbase,[1] investors have doled out approximately $23.2 billion to global blockchain companies since 2016, and, once the economy starts to recover from the pandemic, investment is likely only to increase again.[2]
In addition, the surge in the creation and sale of nonfungible tokens, or NFTs, on the blockchain has only further driven investment in blockchain-based assets and means of conveying them.[3] This means that, as companies further develop blockchain infrastructure and services, there will be more room for disputes among companies, governments and consumers transacting…
