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Non – Fungible Tokens (NFTs) – The collectibles of the future

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What is an NFT? An NFT is a digital asset that represents real-world objects like art, music, in-game items, and videos. They are bought and sold online, frequently with cryptocurrency through designated platforms as Opensea, and they are generally encoded with the same underlying technology as many other cryptocurrencies. Although they have been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork. NFTs are also generally one of a kind and have unique identifying codes. This is in stark contrast to most digital creations, which are almost always infinite...

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Ευθύνη Ιδιοκτήτη Οχήματος

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Είναι σύνηθες το φαινόμενο, ο ιδιοκτήτης οχήματος να παραχωρεί την χρήση του οχήματος του είτε περιστασιακά είτε επί μονίμου βάσεως σε τρίτα συγγενικά ή φιλικά του πρόσωπα τα οποία βέβαια έχει μεριμνήσει να καταστήσει εξουσιοδοτημένους οδηγούς και συνακόλουθα να ισχύει και για αυτά τα πρόσωπα η απαιτούμενη εκ του Νόμου ασφαλιστική κάλυψη από την Ασφαλιστική εταιρεία της επιλογής του, εις περίπτωση ατυχήματος. Είναι όμως αυτό αρκετό; Υπάρχει ευθύνη του Ιδιοκτήτη Οχήματος όταν αυτό ευρίσκεται στην κατοχή τρίτου προσώπου το οποίο είναι εξουσιοδοτημένος οδηγός δυνάμει του ασφαλιστήριου συμβολαίου, όταν το όχημα οδηγηθεί από άλλο πρόσωπο το οποίο δεν είναι εξουσιοδοτημένος οδηγός και...

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Blockchain for Law & Businesses: The New Era of Technology

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Blockchain is an online distributed system which can store data in a way that makes it extremely difficult to change or hack. A blockchain in essence is a digital ledger of transactions that is replicated and circulated across the network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and when a new transaction appears on the blockchain, a record of that transaction is added to every user’s digital ledger. The decentralised database operated by multiple users on the network is known as Distributed Ledger Technology (DLT). Blockchain is a form of DLT in...

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COVID-19 and Tourism in Cyprus

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Introduction Cyprus, as most countries globally, has been affected by the Coronavirus pandemic. Local economy and more specifically the Tourism Industry took a hit during the pandemic as it emerged just before the kick-off of the summer season. Fortunately, Cyprus’ proactive and strict measures that have been implemented from March until May 2020 led to the swift and effective control of the spread of the virus. In the wake of this pandemic, Cyprus showed that it has an efficient and reliable healthcare system and statistically, it has one of the lowest ratios of coronavirus cases per capita in Europe. The Cyprus government remains hopeful that with the relaxing...