Max Ganado interviewed by Helena Grech, journalist at The
Malta Independent on the basics of Blockchain technology. Article
published in The Malta Independent, 6 March
2018
Malta is attempting to grab the bull by the horns by setting up
a legal framework under which the technology can operate.
Senior Partner at Ganado Advocates, Max Ganado, has
serendipitously been involved in several areas which coincidentally
deal in overriding principles which underpin Blockchain
technology.
Blockchain technology is essentially a ledger of information,
which can be used to carry out transactions. Data and assets are
recorded on the Blockchain itself and are not recorded by one
single user. To be clear, the information stored on the Distributed
Ledger Technology (DLT) such as Blockchain, is not stored on one
person's computer, for example, but uses a system of
'nodes'. These nodes contain all the information stored on
the Blockchain, meaning if one person's computer goes