Tech Archives – The PALM: Legal Mag™

Category: Tech

Notable Provisions in Nigeria’s New Rules on Issuance, Offering Platforms, And Custody of Digital Assets by John O. Oladipo

Posted by The PALM | May 18, 2022 | Africa Today, Insights, Tech |

The Security and Exchange Commission of Nigeria (“the Commission”) established a Fintech Roadmap Committee (“Committee”) in November 2018 to explore the impact of financial technology on investments and securities in Nigeria and to properly classify and regulate cryptocurrencies and virtual assets. The Committee recommended cryptocurrencies be classed as securities or commodities, among other recommendations.

Consequent to the Committee’s recommendations, the Commission started creating a framework for a virtual currency in Nigeria, and the released Statement is the first step toward cryptocurrency regulations

Leveraging Digital Transformation, Innovation & Tech Law Summit 2020

Posted by The PALM | Nov 21, 2020 | Events, Featured, News, Tech |

The Innovation and Tech Law Network (ITELAN) is delighted to present you the second edition of her annual Innovation and Tech Law Summit. The Summit last year had over 150 attendees including lawyers, start up companies, tech enthusiasts and regulators. The summit was sponsored by the Lagos State Government (Office of Transformation, Creativity and Innovation), Uber, AELEX, Startup Lagos, DOA Law, TEMPLARS, ESQ, Pavestones etc. Innovation and Tech Law Summit

Privacy Policy, Data Protection, and Inter-Jurisdictional Enforcement of Data rights; Meeting the Realities of the New Normal (Part 2). By Stanley O. Omotor and Alphayo Ongeri Wycliffe

Posted by The PALM | Aug 7, 2020 | Featured, Comparative Jurisprudence, Tech |

Generally, the right to privacy has attained a universal status, and countries have enacted various laws to regulate the collection and use of personal data, popular amongst which is the European General Data Protection Regulation 2018. In this part (“part 2”) of this Article series, we will undertake a comparative analysis of the rights of data subjects under the Nigerian and Kenyan legal systems. In part 3 of these Article series, consideration will be on the inter-jurisdiction enforcement of these data rights.

Artificial Intelligence: A Battle for Copyright and Autonomy By Ezekiel OluwasalvageArchibong

Posted by The PALM | Aug 3, 2020 | Insights, Artificial Intelligence, Featured, Tech |

AI has had a relatively short life, but it has already produced a significant amount of scholarship and commentary on the subject. From self-driving vehicles and autonomous drones to virtual doctors and automated personal assistants, AI is increasingly the key to significant innovations across almost all segments of society, manifesting itself in vastly different applications and is expected to fundamentally disrupt the way that people live, work and interact with each other.

Advocating Data Privacy In Nigeria – David Akindolire

Posted by The PALM | Mar 6, 2020 | Tech, Artificial Intelligence, Featured, Insights |

The definition of data is extensive and contains all available information concerning individuals and corporations. The advent of information technology has quadrupled the amount of information available. Necessarily, governments of the world are promulgating data protection legislation to regulate the processing of data and…