You’re at the top of your game, a leader of a top firm, you’re an expert. But there’s that one area where you need to catch up: cryptocurrency.
To accompany our article for firm leaders—Crypto: Everything the Law Firm Managing Partner Needs to Know—we’ve assembled some key articles to help you quickly come up to speed on the most consequential financial technology in years.
The three things you need to understand in order to form a baseline working knowledge of crypto are blockchain technology, the difference between cryptocurrency and other assets like nonfungible tokens, and the metaverse.
For a start, the essential question: What is a blockchain? In short, it’s a distributed, immutable ledger, usually decentralized, for recording transactions and keeping track of digital assets. Cryptocurrencies, decentralized finance and all the rest are built on the technology. This graphic explains how that works:
But the crypto universe is made up of a lot more than currencies. NFTS, or...
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