Carey Olsen and Cavendish Fiduciary have supported Radix, the layer 1 decentralised finance protocol for digital assets, on the launch of its public network mainnet Olympia.
Radix affirms Olympia is a generational improvement in the history of decentralised ledger computing and represents the next, deliberate step on the planned roadmap to a frictionless financial future.
Alongside Olympia, Radix has also launched Instapass, a service which allows for the world’s first single sign-on compliance solution for any decentralised application (dApp). With Instapass, a user will be able to provide the necessary information to meet regulatory requirements one time only and then share those credentials to any dApp as necessary.
Radix is the only decentralized network where developers will be able to build quickly without the constant threat of exploits and hacks, where every improvement will get rewarded, and where scale will never be a bottleneck.
The Carey Olsen team advising Radix on the launch of both Olympia and Instapass was led by Chris Griffin (Picture), partner and heads of the firm’s digital assets, fintech and blockchain team in Jersey. He was assisted by associates Holly Brown and Daniel Burridge.
Involved fees earner: Holly Brown – Carey Olsen; Daniel Burridge – Carey Olsen; Christopher Griffin – Carey Olsen; Law Firms: Carey Olsen; Clients: Radix;