Publication date: November 23, 2023
On November 22, 2023, an interview with one of the managing partners of our law firm was published on the website of The Legal 500 ranking. We cordially invite you to read the text published below.
1) What has been your greatest achievement, in a professional and personal capability?
I succeed in predicting and eliminating clients’ problems to the greatest extent possible. Me and my colleagues pursue the goal for which I act both as a litigator and managing partner of our Polish law firm advising foreign businesses in the IT, technology, defence, life science, energy and investment sectors. I identify with the vision of creating real support for foreign entities in Polish jurisdiction. We are always interested in creative, practical solutions. I have always been fascinated by the epic of pillar, aid and development from productive hard work and commitment, such as Ayn Rand’s Atlas Shrugged.
When I represented my law firm at the ABA Conference in New York this year, I passed by this Atlas sculpture at the Rockefeller Center at the Fifth Ave., the Midtown Manhattan, and I realized how important the responsibility in the implementation of entrusted cases is in the hands of lawyers who want to operate internationally. I think that is why people become lawyers and it is a universal value, regardless of where you are from or where you operate.
That is why we have recently created a separate legal project called ISTART1, a platform dedicated to cross-border venture capital and private equity transactions.
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Publication date: November 20, 2023
Explanation and blockchain in cryptocurrencies
Being one of the most popular topics of the last years in technology, blockchain offers great perspectives but still remains often seen as vague, complicated matter. Not going into details, it can be surely stated that it is not as complicated as it may seem, both in understanding and especially in application. In a nutshell, blockchain is a technology which secures sharing of information, storing data in a digital database on a distributed ledger of blocks. It allows mostly to record transactions or track assets of various kinds. Importantly, it runs completely online but is properly secured: all information stored is cryptographically coded and to access specific data you need to use your own, private key which is authenticated by network.
That being said, the most important application for blockchain is now cryptocurrency, the most known being bitcoin. The very existence and operation of crypto depend on the blockchain technology. Nowadays, it is not just growing popularity of fashionable crypto assets but an actual growth in the use of this technology in business. In 2022, there were estimated 2,353 businesses in the US accepting bitcoin and the number is believed to grow. Cryptocurrencies are being used by different brands, for different purposes: from purchasing tickets or non-fungible tokens to even buying real estate. The scope of possibilities may be not unlimited but certainly is bound to be increasingly broader.
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Publication date: November 20, 2023
On November 17, 2023, there took place the annual event, the Małopolskie Investor and Exporter Support Forum, at the Krakow Technology Park. For over 14 years, this forum has been a key gathering for professionals and experts in the field. We are delighted to announce the participation of our law firm, KIELTYKA GLADKOWSKI, in this significant event, offering a tremendous opportunity for knowledge acquisition and the exchange of thoughts and experiences with fellow forum participants.
The event focused on crucial topics such as global trends and business strategies shaping today’s market. The Forum’s agenda included a lineup of insightful expert interviews, presentations, and an open panel discussion – providing a platform for attendees to expand their knowledge, engage in new economic partnerships, and participate in compelling and inspiring discussions.
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Publication date: October 25, 2023
Zero-Knowledge Proof is a method by which one party can prove to another party that a given statement is true, while avoiding conveying to the verifier any information beyond the mere fact of the statement’s truth.
In blockchain, Zero-Knowledge Proof is used to enhance privacy, security, and scalability by enabling confidential transactions, private data management, and leveraging specific applications such as zkRollups.
There are two parties – prover and verifier. The prover convinces verifier of a statement’s truth without revealing extra information. Whereas, the verifier validates the proof without learning more thanks to the statement’s validity.
One example for zero-knowledge authentication is when a prover has an asymmetric key-pair (e.g. RSA, EC) and using the private key (the identifying secret) to respond to a challenge sent with the public key. The private key is never revealed, but the verifier is convinced that the prover has the key.
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Publication date: October 25, 2023
On 25 October 2023, KIELTYKA GLADKOWSKI took part in the seminar organised by Sayari on Russia Export Controls and Dual-Use Technology: Mitigating Diversion Risk.
Russia continues to rely on Western-manufactured dual-use technology to produce advanced weapons systems and rearm its military. And while a number of countries have taken steps to curb the exporting of critical technology to Russian end users, public reporting, recent designations, and law enforcement actions shed light on intricate sanctions evasion schemes designed to procure needed technology.
The seminar analysed Russian trade data and discussed recent trends in dual-use technology procurement, and demonstrated how regulators and industry can leverage public and commercially available data to mitigate end-user risk and enhance enforcement.
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