Kokila Alagh, the managing partner at Mahmood Hussain Law Firm talking about security vs Utility token’s
Across the jurisdictions, the focus now needs to shift from an amateur debate on ‘whether or not the cryptocurrencies are a viable mode of payment’, to a more pragmatic dialogue of understanding the efficacy and implementation of the underlying technology, with a regulated but accommodating approach. While a layman’s understanding of the initial coin-offerings could be that, it is an easier way of raising funds, truth be told, it is much more complex than that. The tokens issued in return for such funds or other contributions, can act as either a security or a utility to the token holders which can further be used, or traded on the decentralized apps or cryptocurrency exchanges.
While multiple regulators have come up with their own nomenclature, broadly the tokens are divided into two categories: utility tokens and security tokens. The utility tokens are not intended to take a form of an investment and the users can merely gain access to a company’s products or services by using them. Security tokens on the other hand derive their value from external factors, could be backed by assets and usually get a treatment equivalent to that of a security before the regulators.
At a recent panel discussion incubated by KryptoLabs Abu Dhabi, Kokila Alagh, the managing partner at Mahmood Hussain Law Firm, Dubai discusses the above while also giving a word of caution that “cryptocurrency is no longer a thing of the future, it’s the present.. and the regulators around the globe will have to accept it.. they don’t have a choice..”
It’s our immense pleasure to let you know that MENAFA and Star Events Management are jointly organizing the 2nd Edition of “Bahrain Franchise and Dine Expo “Which will indeed be the successor of Bahrain Franchise and Dine Expo 2017 with 1000+ investors participating and further to the success, We are glad to inform you about the launch of the 2nd Edition to be held in Bahrain Convention Center, Crown Plaza Bahrain, November 7th to 9th 2018. with a compelling theme of “Expand your global footprint in the Middle East Market”.
The Expo is held under the patronage of H.E. Sh. Hisham bin Abdul-Rahman Al-Khalifa, Governor of the Capital Governorate, and many other reputed Franchise consultants from The Middle East.
About the Expo
Bahrain Franchise & Dine Expo presents a unique platform for franchisers and Franchisees to develop their business opportunity and trademark by showcasing International Brands to the Middle East Region and also promoting homegrown and regional brands to the international market for globalization and expansion.
The Franchisers from various sectors like Education & Training, Food & Beverage, Specialty Retail, Fashion & Lifestyle, Health & Wellness, Financial services, Real Estate, Licensing, Business suppliers and much more.
The event is the only event of its kind in Kingdom of Bahrain that can offer your company a business platform to showcase your products and services to potential customers and business partners from the Franchise industry in just 3 days, the event also promotes F&B trade enabling suppliers of F&B sector to showcase the tastes, trends and innovations that are shaping the future of food and beverage consumption worldwide.
- Opportunity to meet with 100+ International and Regional franchise brands.
- Business Networking Opportunity with investors, Emerging Entrepreneurs, International Franchise Consultants and Franchise Owners.
- Bahrain Franchise and Dine Awards – The first of its kind to honour homegrown and emerging foreign franchises in Bahrain.
- The winners will be entitled to participate in the Worlds Best Franchisee Awards to be held in Madrid in December 2018.
- Meet with leading experts and consultants to understand how to pick the right franchise
- Backup support for Business startup in Bahrain from franchisors and from Government sectors of Kingdom of Bahrain
- Post-event support in connecting with the Franchisors with mentors, investors and International Franchise Partners
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