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Patron member Gowling WLG has applied its expertise in blockchain technology to its own business, by launching the ‘Gowling WLG Reward Token’ (GRT) scheme.

With blockchain technology becoming more prominent globally, the scheme will educate everyone in the firm’s UK offices on cryptocurrency and its uses. The initiative educates employees on how the technology works, while simultaneously allowing them to earn and share rewards for their efforts, meaning lawyers are well placed to advise clients on future uses of cryptocurrency and blockchain.

Director Helen Davenport commented: “Gowling WLG is the first company in the legal sector to launch an internal use of blockchain technology, meaning our lawyers are best-placed to help our clients in understanding what blockchain is and the benefits of introducing it to their business.”

The launch of the scheme follows Gowling WLG’s report discussing the disruptive power of blockchain technology within the financial services sector. To find out more and read the report, please visit www.gowlingwlg.com/blockchain-report.

 

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