Canadian blockchain company Decentral Inc., the creator of Jaxx, and Gowling WLG, a multinational law firm and leader in the blockchain space, today announced a strategic alliance to optimize the many commercial and legal applications of blockchain technology. The relationship allows the two companies to fuse their expertise on a number of significant initiatives, from engineering practical smart contract technology and drafting foundational legal precedents documents to helping regulators establish frameworks that encourage the responsible growth of Canada’s thriving blockchain sector.
Based in Toronto, Decentral’s founder and CEO Anthony Diiorio co-founded Ethereum. He said the alliance is a sign that the blockchain space is rapidly progressing.
“Decentral’s relationship with Gowling WLG spans a number of years, and we are delighted to form an alliance that enables us to work even closer together on a number of transformative blockchain industry initiatives. Canada is one of the leaders on the world stage for blockchain and cryptocurrency and I am confident Decentral’s strategic alliance with Gowling WLG will further cement the country’s place as an innovation hub.”
“Decentral is a major player on the world blockchain stage,” Gowling’s head of blockchain and smart contracts Usman Sheikh said. “As Gowling WLG continues to assert itself as the Canadian legal industry’s blockchain torchbearer, our collaboration with Decentral will ensure our clients have access to the cutting-edge tools and forward-looking expertise needed to succeed in an increasingly competitive landscape.”
As part of the agreement, Decentral will help Gowling WLG develop its internal blockchain infrastructure and client-facing tools. Gowling WLG will provide comprehensive legal guidance on Decentral’s current practices and ongoing projects.
“This alliance demonstrates Canada’s leadership in the blockchain space — a winning combination of a world-class blockchain software team plus a best-of-breed legal team,” Decentral president Addison Cameron-Huff said. “Together, Gowling WLG and Decentral will help to refine and architect the burgeoning Canadian blockchain industry, lifting the technology to new heights.”