For any kind of blockchain-related project, whether it is creating a blockchain, using a Blockchain-as-a-Service solution, developing an application, or issuing a token, an evaluation of risks and opportunities has to be conducted by all the stakeholders who are involved.
In fact, there are specific scopes such as profitability, capacity, and cost that have to be adopted by a decision maker, but that would not be enough to secure a project. As the blockchain environment is fast-moving, many jurisdictions fail to frame cryptoassets and blockchains through laws and regulations properly. This chapter focuses on blockchains through the lens of legality, accounting, taxes, compliance, and regulations. We will legally define what a blockchain and a cryptocurrency is in the eyes of the law, and how this new technology and...