Digital Diamonds

Everybody has been creating digital assets eg digitized copyright texts, photos and videos. Cryptocurrency as a cashless medium of financial exchange has become trendy in the decentralized world. While each blockchain innovation and marketing are not the same, a project's proprietary value is like carats of different types of digital diamonds to me.

The challenge upon entrepreneurs is to design and build platforms and smart contracts that deliver high-value propositions. They need to define their relationship eg application or settlement, with their customers and investors. Differentiation aside, they have to address risks, from hacking to regulatory ones, effectively and efficiently.

I have shared digital asset - based business models with reputable potential partners. A common theme among the projects is the issuance of a sub-sovereign cryptocurrency for the Greater Bay Area and for the Belt and Road. The idea is to leverage collective investment and trading to scale up economic, social and cultural change.

Even as a lawyer, I prefer to design and build elements of the legal ecosystem than to follow and apply them. I believe we all have to lead ourselves in the fast-paced digital environment. Riding on blockchain technology and the trend, my goal is to help myself and others capitalize digital assets and be fairly rewarded with carats of digital diamonds!

#DigitalDiamonds