What is Digital Mining? Behind the Distributed Ledger Curtain

What is Digital “Mining?” Blockchain or distributed ledger technology is a shared ledger, duplicated across a network of computers or operators of “nodes” on the network, typically referred to as “Miners”.   Blockchain secures the data using encryption and the decentralized manner of retaining individual records across a wide group of operators of nodes, so that… READ MORE

Webinar Recording Available: Emerging Technologies – Existing Regulations

In Case You Missed It… A recording is now available of the May 1, 2018 webinar, “Emerging Technologies – Existing Regulations,”  co-sponsored by Oyster Consulting and the NSCP. Innovation always outpaces regulation.  Firms have a constant struggle to balance the fear of being left behind by market innovators against the risk of a regulatory action. … READ MORE

PIPA: What You Need to Know

The Personal Information Privacy Act (PIPA) is expected to come into effect this year. PIPA will impose obligations on organizations using personal information in Bermuda. Under PIPA, personal information means any data about an identified or identifiable individual. If a company holds personal information about customer or employees, there are obligations in the Act that… READ MORE