BCCILA case studies
BCCILA · Put your knowledge to work in context.
BCCILA denotes a professional certification in blockchain and crypto-asset law and compliance, aimed at people who sit at the intersection of legal, compliance and technology functions. Typical candidates include in-house counsel, compliance and AML officers, auditors, risk managers, consultants and regulators who need to reason about distributed ledger technology in legal terms rather than write code. The BCCILA case studies are 5 cases and about 4,483 words.
1PortLedger: The Bill of Lading on the Losing Fork
PortLedger is a permissioned consortium blockchain operated by eight container-terminal operators. It runs an Istanbul-BFT-style consensus with five validators, a quorum of three, and three-second blocks advertised as 'instant finality'.
889 words, about 4 min2FlySure: The Oracle That Merged Two Codeshare Legs
FlySure is a Bermuda-incorporated insurer selling parametric flight-delay cover through a smart contract on a public EVM chain. The policy pays 0.5 ETH automatically if the oracle reports an arrival delay of 240 minutes or more.
898 words, about 4 min3Meridian Digital: Ninety Transfers, Twelve Self-Hosted Wallets
Meridian Digital Pte Ltd, a Singapore-incorporated payment institution, opens a corporate account at Nordhaven Exchange, an EU-based crypto-asset service provider. Over six weeks Meridian receives 90 inbound transfers of BTC and ETH from 12 self-hosted wallets, each between EUR 18,000 and EUR 24,000, totalling EUR 2.4 million, described as 'software licensing receipts'.
861 words, about 4 min4LoyalChain: Erasure Requests Against an Immutable Ledger
LoyalChain runs a points-and-rewards programme for 2.3 million European retail customers. Points are tokenised on a public chain.
865 words, about 4 min5Northwind Labs: Twelve Bitcoin, One Contractor, and a Fork
Northwind Labs Ltd, incorporated in Country Z, provides development services and is paid in crypto. Country Z treats cryptoassets as property, not currency; gains on disposal are capital, ordinary income is taxed on receipt at fair market value, and FIFO applies.
970 words, about 5 min