Blockchain consortium expands to Africa with Miranda Alliance
The Miranda Alliance has announced that it has joined the Global Legal Blockchain Consortium (GLBC) as its first African organization.
The Miranda Alliance has joined forces with GLBC, a group comprised of more than 90 large companies, law firms, software companies, and universities dedicated to develop standards to govern the use of blockchain technology in the business of law. Miranda Alliance is a law firm network founded by Miranda & Associados, with headquarters in Lisbon, Portugal, and operates in 26 offices across 18 countries and four continents.
The alliance has specialist expertise assisting businesses in some sub-Saharan African and emerging markets. Explaining the alliance commitment to investing in technology Catarina Cunha e Távora, Miranda’s Partner responsible for IT Solutions and Innovation, said ‘we believe this is a great responsibility for the Miranda Alliance member firms.’ She explained, ‘blockchain technology has the potential of significantly changing the legal landscape throughout the world in the next years, but we believe that it has the potential of being particularly impacting in Africa, where it can contribute significantly and decisively to speed-up the Continent’s legal practices.’ Diogo Xavier da Cunha, Miranda's managing partner, added ‘the Miranda Alliance’s multi-jurisdictional focus in the African continent will allow us to bring our regional experience into play by sharing different insights and collaborating with the members of the GLBC community towards the development of this innovative technology for the benefit of both our clients and other stakeholders across the Continent”.
The GLBC organizes and aligns global legal industry stakeholders to enhance the security, privacy, productivity, and interoperability of blockchain technology, and adopts policies that promote a universal blockchain-based technology infrastructure for law. Around 90 organizations are involved with the GLBC in creating these standards and governance. David Fisher, director and founder of the consortium, said ‘we are excited to have the Miranda Alliance involved. Their presence throughout Africa and the rest of the world brings. a new perspective about blockchain to the GLBC. We are looking forward to their collaboration and input.’