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Challenges and opportunities of decentralisation - what we need to be thinking about now

International Blockchain TechForum • Hawthorn VIC 3122, Australia

50
People

Joni Pirovich

Special Counsel, Mills Oakley, Tax, Blockchain & Digital Assets

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Talk summary

The legal and economic implications of decentralisation – both nationally and internationally - are not well understood. Other countries are moving quickly ahead with the experimentation and adoption of blockchain technology across government and industry, and by doing so are gaining great insight into the challenges and opportunities of decentralisation.

Whilst the experimentation and adoption of blockchain technology may be moving at a slower pace in Australia, from a tax perspective we are having to advise on the Australian tax implications of dealings in cryptocurrency and various blockchain projects overseas. As a result, we are having to tussle with traditional tax and legal principles to determine whether they apply and if not, what sort of standard should apply to achieve fair tax and economic outcomes.

About this talk

Type

Workshop

Date

On August 9th, 2019

Event

At International Blockchain TechForum - (go to website)

Location

Hawthorn VIC 3122, Australia

Audience size

In front of 50 people