1. Technology & Legal Service Delivery Blockchain and The Royal Mint
Declan Goodwin
LegalTech Wales
31 January 2018
In association with

2. Overview
Who we are and what we do
What is RMG?
Capital's contribution to RMG
Legal service delivery – Challenges
Legal service delivery – Lessons learnt

3. Introduction Who we are and what we do:
Cardiff based multi-service commercial law firm
Tech Team
The Royal Mint

4. RMG
What is RMG?
Physical gold from the Royal Mint, relevant in a digital world.
Gold vaulted at The Royal Mint – no storage charge
Ownership recorded on a blockchain (Prova)
Benefits:
Accessibility
Secure, transparent and fast trading platform
Cost effective

5. RMG

6. Capital's Contribution
We have:
advised on financial services regulatory issues, AML policies and procedure, trademarks and other IP ownership issues
drafted agreements between RM Assets and its project partners:
CME
BitGo
MetaLair
AlphaPoint
Drafted template agreements for use with customers and the supply chain:
RMG Operator Agreement
RRS Agreement
Cold Storage Agreement
Validator Agreement
Vaulting Agreement and Facilities and Services Agreement with TRM

7. Legal Service Delivery - Challenges
Advising on:
A new and fast developing technology
Untested regulatory issues
Dynamic product scope
Evolving routes to market

8. Legal Services Delivery – Lessons learnt
New technology
Live and breath it
Understand the risks
Ask lots of questions
Regulatory issues
Regulatory lawyers like to say no
Help others think outside the box
Don't sit on the fence – provide advice!

9. Legal Services Delivery – Lessons learnt
Dynamic products
Reassess all the issues
Question the rationale
Find solutions to problems
QUICKLY!
Evolving routes to market
Repeat …QUICKLY!

10. Thank you
Questions?
capitallaw.co.uk

11. Our services
Accredited Community Governance Programmes Redundancy Programmes Commercial and Residential Development Venture Capital and Equity Investments Business Process Improvement Copyright and Design Rights Stakeholder and Reputation Management Executive Employment Terminations Planning Permission and Appeals Health and Safety Compliance Fraud and Asset Recovery Project Evaluation for Funding and Grant Aid Workforce Planning Corporate Health Standard Implementation Compulsory Purchase and Compensation Proactive Occupational Health Services Copyright Assignments Management Buy Outs and Buy Ins HR Support Accredited Community Governance Programmes International Transactions Community Leadership and Management Support Employment Tribunal Advocacy Workplace Noise Risk Assessment Sickness and Absence Management Group Reorganisations Creative Industries Bespoke Software Development Property Portfolio Management  Mergers and Acquisitions Workforce Re-organisations Corporate Governance Recovery and Insolvency Health and Well Being at Work Commercial Contracts Waste Elimination Brand Protection Advising Landlords and Tenants Non-contentious Construction Contract Negotiations HR Policies & Procedures TUPE Transfers Fire Risk Assessments Reputation Management Method Statements Employment Contracts Inter-agency Development Finance Mediation Public Sector Property Advice Organisational Development Strategic Action Planning Corporate Structures Planning Agreements  OHAS Intellectual Property COSHH Assessments Discrimination Law HR Improvement Strategies NEBOSH Training Change Management ISO Shareholder Disputes  Compliance Audits Interim Management Due Diligence Unfair Dismissal Claims DSE Assessment Commercial Property Media Law Secured Lending Lean Operations IOSH Training Infrastructure Support Governance Reviews Talent Management  Joint Ventures Probate Disputes Public Consultation Site Inspections Right to Buy Schemes Business Disputes Licensing Leadership Training Grievance Investigations Acquisitions Hosted Services Commercial Leases IT Training Risk Assessments Commissioning NVQ Training Industrial Relations CSR Audits Advocacy CIEH Training Injunctions
capitallaw.co.uk