The sixth edition of Valencia Digital Summit has yet again exceeded all expectations by bringing together a staggering 12,000 professionals from 91 countries. This exceptional international turnout marks the second consecutive year that the event has broken its own attendance record.

Valencia Digital Summit brings together 12,000 professionals from 91 countries for its sixth edition

Gabriel is a former journalist who loves learning and writing about the cat and mouse game of security. These days he writes for WhiteSource about the issues impacting open source security and license management and training Brazilian Jiu-Jitsu.

Gabriel Avner

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Legitify

HackerNoon Reporter: Please tell us briefly about your  background. Hi, I am  Aida. I am one the the Co-founders and CEO of Legitify. I am the business leader in team, focusing mainly on strategy, growth & business development. With over 13 years of experience across various sectors in the US, Europe and emerging markets, I bring a different perspective to the table. What's your startup called? And in a sentence or two, what does it do? Legitify is an AI-powered solution using audio-video authentication that allows customers to notarize documents online remotely from anywhere, without the hassle of visiting a notary public in person. What is the origin story? I joined Antler Stockholm STO4 Cohort as a Founder in September 2020, I met my co-founder Arko there. Having both experienced the pain points of in-person-notarization across borders, this is a problem we both felt passionate about solving. I was dealing with the issue of having to notarize a POA in another jurisdiction at the time and couldn’t travel so wasn’t able to do it due to restricted travel at the time. So the origin story is that we actually had a pain point in our hands and ended up brainstorming about the actual business after. Legitify was born! What do you love about your team, and why are you the ones to solve this problem? We have the necessary business expertise and knowledge of legal services and tech. Additionally, we have all experienced the pain points our users have and feel strongly about wanting to solve this problem. If you weren’t building your startup, what would you be doing? about building my startup. THINKING At the moment, how do you measure success? What are your core metrics? Inbound requests both on the customer side as well as supplier side (notaries). Each week we get requests about new use cases with a the need for using our solution, user insights are critical. Traction is key going forward, both on the customer and supplier side and processing transactions through our solution. What’s most exciting about your traction to date? Having customer requests to use our solution in Europe, earlier when we were still developing the solution, with zero marketing spent. Even today post-product we have accelerating requests from different jurisdictions inquiring about Legitify’s solution. What drew you to get published on HackerNoon? What do you like most about our platform? We were nominated! What advice would you give to the 21-year-old version of yourself? Look around and think what are some of the problems you would like to solve, that you are genuinely excited about, and go after them. What is something surprising you've learned this year that your contemporaries would benefit from knowing? Most companies in the RegTech and LegalTech space started before the actual regulation change was fully in space, working with specific use cases to position themselves. Don’t forget to vote for as Startup of the Year in . Legitify Dublin

Legitify - Europe's first remote online notarization solution

100 Stories To Learn About Remote

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Let's learn about via these 48 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Law /Learn Repo 1. Web Scraping and the Battle for Open Internet A few years ago, Cambridge Analytica made netizens concerned regarding the gathering of their online data. At that time, affected or interested users had little knowledge of how big the big-data industry actually was. 2. Why I'm Selling the US Copyright to My Screenplay As an NFT Yes, I'm selling my screenplay copyright as an NFT. So sue me. No, actually don't. Or try? Because the point is to stress test legal blockchain architecture? 3. Is the US Going to BAN Cryptocurrency? Cryptocurrency is more popular than ever before, and it’s worrying a lot of people in Washington. 4. Legitify - Europe's first remote online notarization solution Legitify is an AI-powered solution using audio-video authentication that allows customers to notarize documents online remotely from anywhere. 5. If You Do Not Report Your Gun Stolen or Missing You Can Held Liable For Crimes the Gun is Used For Crimes committed with stolen guns that were not reported remain liable for property damage etc. 6. Will The New Wave of Data Laws Affect Fintech? Fintech, otherwise known as the financial technology market, is on a very strong growth trajectory, having already disrupted the banking world in a powerful way. From mobile payments, to artificial intelligence, insurance and investment services, Fintech has gradually transformed the way we bank since the day the US Federal Reserve introduced the Fedwire Funds Service back in 1918, which used morse code and telegraph to transfer funds electronically. 7. 5 Challenges Your Cannabis Tech Startup Needs to Solve: 2020 Edition With recreational and medical marijuana legalisation efforts comes great business opportunity, and unsolved problems. As of today, recreational and medical marijuana legalisation efforts have succeeded in multiple jurisdictions across the world, and counting. On the list is Luxembourg to become the first European country to  join the ranks of Canada and U.S. in relaxing weed laws. 8. Smart Contracts in Action: A Tale of Love, Loss, and Crypto A separated couple in Austria have made history by transferring a car's ownership using automated legal smart contracts. It's an age old story: Boy meets girl. They fall in love, but later grow apart. Then they enter into a groundbreaking legal smart contract to transfer ownership of a car ... 9. Tokenization of Intellectual Property Rights — Part 1: A Small Introduction to IP Rights Tokenization of IP rights is something that is sure to come. Companies like Lexit, Molecule, the Open Innovation Platform DEIP are looking for ways to tokenize and liquidate IP rights for different reasons (like M&A or just to increase collaboration in innovation). 10. How To Prevent Your Property From Being Taken By Eminent Domain A closer look on how to protect your property from eminent domain. 11. Big Tech Vs. Big Government: The Choice is Pretty Bleak A group of bipartisan lawmakers hopes to pass antitrust legislation that takes aim at tech giants buying out the competition and hoarding data. 12. 11 Reasons Why CEOs Got Fired And Companies Got Sued in 2020 Although a typical CEO remains in the role for about seven years, legal issues pose major threats to these positions and, ultimately, company or shareholder val 13. Did a New German Law Delay Crypto Adoption in Europe? Crypto adoption is poised on a knife-edge, with regulation and laws prepared to push it either way in a moment’s notice. So far, we have seen countries around the world take a rather tolerant stance towards the crypto world, allowing exchanges and payment providers to operate freely. But it looks as if the tide is beginning to turn. 14. How Often Do NFTs Pass The Howey Test? The application of securities laws to NFTs is far from clear. 15. Should VPN Companies Listen to the Film Industry and Log User Data? A group of movie companies continues its legal efforts to hold VPN services liable for pirating subscribers. 16. How to Combat Fake News While a widespread censorship law wouldn't be the right solution, there are many ways to combat fake news through transparency and accountability on the internet, and through increasing media literacy so people can recognize fake news when they see it. 17. Understanding VPN Jurisdiction and International Privacy One of the essential features of a high-quality VPN service is a no-logs policy. For more than a decade, commercial VPN service providers have been spinning the online privacy angle to boost their sales. However, not all of them take their promises seriously. 18. Becoming an Influential Voice with Futuristic Lawyer and IT Law Expert, Tobias Jensen Tobias has a law degree from the University of Copenhagen where he specialized in IP, contracts, GDPR, and IT law. He is a legal advisor with sales experience. 19. Why Google Faces $5 Billion Lawsuits in the USA Google Know as a Web search engine company. A person or anybody who is using the Google search engine like Google Chrome to find any thinks on the internet, Google can track your data, however, in google chrome there is an option on use Google incognito mode. 20. How the Use of AI and Machine Learning Benefits Law Firms The job of attorneys and law firms is already changing in many ways thanks to artificial intelligence (AI) and machine learning. 21. The Future of NFTs and Metaverses: Big Brands, Metaverse Law, and More The key thing about these NFTs, regardless of the metaverse, is that they have a value outside the game and can be transferred to anyone on the blockchain. 22. Bots + Legaltech = Meet AILIRA Ailira (www.ailira.com) the ”artificially intelligent legal information research assistant”, is an AI chatbot that uses natural language processing. The chatbot has been designed to understand and process sophisticated technical legal questions & search quickly. Ailira was created by Adrian Cartland, the founder of Cartland Tech and the law firm without lawyers. 23. Tokenization of Intellectual Property Rights — Part 3: Trade Secrets & Their Tokenization In the last two posts, I tried to give information about IP rights in general and discussed patent rights and if they fit in tokenization. If this is the first time you check my page, I recommend you to check my last two articles: here and here . 24. AI Compliance Requirements: Are You Allowed to Use Facial Recognition? The use of Facial recognition and other AI technology in video surveillance is revolutionary for law enforcement agencies. You don’t need to go through hours of footage to look for one particular person. Through facial recognition and identification, you can jump to the exact spot in a video where the person appeared. However, there’s one challenge – compliance! Are law enforcement agencies allowed to use facial recognition, as it infringes upon the privacy of citizens? If yes, then how and when can they use them? 25. Elaborating on the Need for Futuristic Thinkers A brief overview of relevant challenges in the intersection of law and technology. 26. Sam Kapoor Leads Presentation On Freedom And The Law Sampada "Sam" Kapoor recently led a presentation on Freedom in the Law for the Mississippi Humanities Council's "Ideas on Tap" Series. 27. It is Intellectual to Protect Your Property Intellectual Property (IP) is one of the major staples of tech company growth. 28. What Will It Take To Save the Internet? An Interview With Jeff Kosseff Jeff Kosseff, a former reporter turned lawyer and legal scholar, has emerged as one of the leading experts on the 1996 law... 29. El Salvador President Breaks Crypto Twitter with New Bitcoin Law Miss the impromptu public address of El Salvador president Nayib Bukele to  Crypto Twitter nation? Bitcoin Laws make history with BTC as legal tender 1st. 30. Are Bitcoin Investments Legal? Given its nature as a decentralized digital asset, Bitcoin's legal status was always going to cause major debate. 31. 'Crypto Regulation Is Crucial' - Utah Web3 Attorney Jonathan Bench on Sanitizing the Crypto Industry I recently sat down with Jonathan Bench, an international business and Web3 attorney at Harris Bricken Sliwoski, to discuss Web3 and the state of the industry. 32. How to Block Illegal Streams High Court injunctions that order ISPs to block certain websites deemed to be infringing have been in existence for around a decade in the UK. 33. Children's Internet Protection Act (CIPA) Ruling - Table of Links Children's Internet Protection Act (CIPA) Ruling, by United States District Court for the Eastern District of Pennsylvania. 34. Attorney Adam Williams Gives Advice on Data Breaches and Class-Action Suits Technology is changing incredibly quickly, and as a consumer, it can often be difficult to stay on the front lines of keeping yourself secure while using all of the technological marvels that the world has to offer. Data breaches and privacy breaches are reported every day in the news, making the private information of thousands vulnerable to identity theft and the consequences that come with it. 35. Pitfalls Of Court Hearings On Zoom Court hearings are going virtual in response to COVID-19. Studies show they can lead to harsher outcomes for defendants 36. Will Video Courts Appearance Deliver Real Justice? No one wishes delay or waste in the crook justice system, but the plans for virtual and Video courts does not appear honest. Last week, the government published its modern-day proposals for changes to the crook justice device, known as Swift and Sure Justice. The attention of the white paper is on rushing up court techniques, especially via using cutting-edge generation, and its proposals are  being trialed all through the United States of America in the intervening time. 37. How Much Internet Regulation Does Facebook Support? For more than a year, Simpson had been noticing ads pop up with the same phrasing: Facebook “supports updated internet regulations,” the ads always said. 38. Is Creative Commons a Panacea for Managing Digital IPs? (Part 3: The Pitfall of a Free Licence) One major reason that scholars and institutions are using CC licenses is the ease of applying them to creative works. 39. The Past Cannot be Changed: Interview with Noonies Nominee MAstilleroF Escapes from "bureaucratic thinking", a (very) harmful way of thinking. 40. Pitfalls and Hacks of Setting up a Startup as a US-Based Entity Based on Own Experience MarsX is a young startup that has faced many challenges on its journey. Using AI and automation, we saved thousands of dollars in legal and accounting. 41. Using Automation in the Probate Process Data-heavy manual processes like probate cases are common throughout the legal industry. Thankfully, automation offers a solution to this common problem. 42. Bitcoin Doublethink. For some time now I’ve been making an unassailable and unchallenged argument that Bitcoin and Bitcoin services are no different to the monies and services found in video games. Now, thanks to my favourite gamer, we have one of the best examples yet of “Bitcoin Doublethink”, second only to the very cute Pigsby which uses a “Blockchain” for its database. 43. Inside the Life of a Criminal Defense Lawyer with Norman Spencer In this interview, we talk to Norman about the real lives of criminal defense lawyers and his opinion on the current state of the US judicial system. 44. How to Negotiate a Letter of Intent (LOI) That Provides a Smooth Acquisition Process The buyer needs to see that there are no hidden surprises waiting for them. 45. The "Anonymous LLC" and The Perpetual Pursuit for Privacy Protection No matter the size of the enterprise or number of employees, there are a number of reasons one might prefer to keep their business ownership private. 46. When Should Startups Consult A Lawyer? Expert Interview with Startup Lawyer & Founder of SPZ Legal I’ve seen my fair share of entrepreneurial mistakes over the years. And not all of them had to do with building the right product or assembling the right team. 47. There's No Place Like The Metaverse This Week On Planet Internet, the HN gang chats about the class-action Zoom lawsuit, the dehumanizing effect of video, and the Spirit airlines fiasco. 48. Children's Internet Protection Act (CIPA) Ruling Indeed, 7% of American public libraries use blocking software for adults. Thank you for checking out the 48 most read stories about Law on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

48 Stories To Learn About Law

Bitcoin is the crypto king and serves as both the spearhead and foundation for all other cryptocurrencies. Its role is to bring together all the other competitors into a single fold as part of a concerted new industry capable of generating and preserving wealth. Another role, and one which may well be much harder to fulfill compared to the technical challenge, is legitimizing its own existence. crypto As things stand, top-tier regulators have sent out mixed messages to the cryptosphere. Just last year, the ECB declared that Bitcoin is artificially and should, therefore, not be legitimized by regulators or financial companies. The central bank sees the crypto endeavor as more akin to gambling rather than investment or trading. “propped up” On the flip side, several points of note suggest that crypto is not a transitory fly-by-night fad but, rather, is a paradigm shift in finance. In 2020, US banks were legally permitted for clients. At the time, the move was hailed as “the first major dominoes in the US leading to the path of legitimacy and legalization for Bitcoin and crypto.” to provide crypto custody services The following year, the European Investment Bank (EIB) opted to issue more than €100 million in 2-year for the first time in history on the Ethereum network. The bonds, possibly due to their historicity, were oversubscribed and made headlines because of the 35% discount they offered on issuance costs. Quite possibly a precedent. “digital bonds” According to Forbes, 650 US banks have agreed to offer Bitcoin purchases to an estimated 24 million people as part of the deal between enterprise payments giant NCR and digital-asset management firm NYDIG. For more serious investors, exchange-traded funds (ETFs) are being made available, although in a staggered manner, as various regulators evaluate risks in varied ways. For the time being, Canada, Dubai, and Brazil have approved , while the US SEC – the unofficial bellwether for global crypto regulation – is evaluating over a dozen Bitcoin ETF applications from proactively aspirational financial firms. Bitcoin ETFs One of the most significant advantages of a Bitcoin ETF is that it can open the doors to a more extensive range of investors, including institutional investors, thereby attracting a broader audience that ultimately makes the underlying asset more liquid and secure. As a consequence of better liquidity and greater adoption, greater price stability is likely to follow. If Bitcoin ETFs were to become ubiquitous in the financial markets, their presence is likely to serve as a signal to investors that cryptocurrencies are on track to be accepted within the financial industry, albeit more gradually compared to other fintech innovations such as e-payments and same-day loans. If Bitcoin legitimization still seems like a doubt, the case of El Salvador may add certainty. The became the first nation in the world to make Bitcoin legal tender alongside the US Dollar. The policy change meant all local businesses, including hair salons and coffee shops, would have to accept Bitcoin as legal tender. Since being introduced as El Salvador’s new currency, more locals have a Bitcoin wallet than a US dollar bank account. Inspired by their local neighbors, Paraguay, Mexico, and Panama plan to follow suit in the coming years. Central American country Legitimization prevents bust Bitcoin legitimization, at least in the eyes of seasoned investors and regulators, is a slow and winding road. It is a road with many twists and turns that have already seen Bitcoin facing early setbacks as well as early milestones. The advent and use of ETFs have been a great boon for the financial sector in general, so it makes complete sense that Bitcoin adopters would seek to legitimize their favorite asset via an ETF. Such an ETF would likely elevate the entire crypto-sphere up to a higher level of technical ability, investor access, and market sophistication. If the SEC sets a significant precedent and approves its first Bitcoin ETF, it would likely be a game-changer for the entire crypto-sphere. In all probability, , boost liquidity, encourage institutional investment, and finally, bring the asset from out in the cold and into the warmth of all investors’ hands. a Bitcoin ETF would democratize access to Bitcoin Investors shouldn’t celebrate just yet, though. Caution is advised because regulatory hurdles, political machinations, espionage fears, market manipulation risks, and persistent price volatility remain clear and present risks to the aspirational Bitcoin ETF outlook.

ETF Fever: Legitimization or Bust for Bitcoin?

Let me guess. A friend just told you about a business opportunity that will “change your life forever,” right? It just takes $100 dollars to start, and you’ll make more money than you’ve ever made in your life, right? Your friend told you about Amway, didn’t they? In general, it’s best not to trust anything that sounds too good to be true. But Amway feels different, doesn’t it? How could a company with so much success be a scam? Let’s deep dive into what Amway is, how it operates, and whether or not Amway is a pyramid scheme. What is Amway? First of all, it’s important to establish that Amway is not a fake business designed to take your money. Amway is a legit company that makes billions of dollars a year and is known worldwide. The company also has an A+ rating with the Better Business Bureau (although many of the reviews are from Amway members). Well, Amway is not a pyramid scheme. It utilizes multi-level marketing. Which is just as bad. What’s the Difference Between a Pyramid Scheme and Multi-level Marketing? Imagine you start a club and ask five of your friends to join. You then require each one of your friends to pay you to become a part of the club. You then encourage your five friends to recruit five more friends each and collect money from them. The cycle continues, with everyone at each level recruiting more people, siphoning money from those below them. These types of schemes are not sustainable as they rely on constant recruitment of new members and more empty promises to get people on board. As the pyramid grows, it becomes harder to find new recruits and eventually falls apart, leaving most of the people involved with nothing to show for it. Multi-level marketing is essentially the same business model, except this time, there’s an actual product involved. The sales that are earned from the products sold by the MLM keep the scheme funded, allowing it to stay afloat much longer than the typical pyramid scheme. However, the earning structure is the same. The more people you bring into the MLM, the more money you can make. This is because, usually, you will take a percentage cut off the sales of all the people you bring in, as would the people above you who brought you in. But at the end of the day, all the real money in an MLM is at the top, and by the time you join one, it’s too late to get in on the action. What makes multi-level marketing even more insidious is that it’s often a friend or family member that you trust that gets you in. How Amway Defends Itself So many people have accused Amway of being a pyramid scheme that the company had to . defend itself on its website In the lengthy blog post, Amway starts off with the truth, explaining how the company is not considered a pyramid scheme because it sells real quality products and how the company has been around forever. The blog also mentions how the company has expanded worldwide and how it makes its own products using certified organic farmlands. The blog stops telling the truth under the “How does Amway Work?” section. This section goes into detail about how IBOs can make money by selling Amway products at a markup and how bonuses are given out based on sales volume. The post completely leaves out the multi-level marketing aspects of working for the company. How Amway Really Works Amway works like every other multi-level marketing “opportunity.” In fact, many people have credited Amway as being the first MLM ever created. Here’s how it works: You have to pay Amway $100 to join. Sounds like a small price to pay, and it’s not a big deal for such a “great opportunity.” You then become an , and you’re told to promote Amway products to every friend and family member you have. Independent Business Owner (IBO) You’re told that you can make even more money enlisting your friends and family members in your “downline.” As an IBO, Amway will force you to replace all of your normal cleaning and beauty products with Amway products. Amway’s products are usually much more expensive, and if you don’t buy enough per month, you get kicked out of the club. The people in your “upline” make you buy expensive “Business Support Materials (BSMs)” to help you develop a “better business mindset.” This process continues infinitum￼ until you run out of money or become one of the few people who actually make a few bucks. Is Amway A Cult? The question isn’t as silly as it may sound. Many ex-Amway members have stated that they felt like they were surrounded by cult members at meetings, brainwashing them with pro-Amway lingo and propaganda. have posted online about the most common cult tactics used within these groups. Some former Amway members Some of these common cult tactics include isolating you from friends, family, and others who might talk you out of sticking with the company. Amway members may also present a future in the company as a way of “saving” you from getting a real job, and Amway meetings are often in the middle of the night, which may be an attempt to keep you sleep-deprived, another common cult tactic. Amway tends to target the same type of people that cults do: Depressed people who want to feel better about themselves as fast as possible. Lonely people, looking for friends. Bored people who need something to do. Opened-minded college students without the experience to recognize red flags. People who feel spiritually unfulfilled. To be fair, there’s no proof that Amway is telling its members to act like a cult. The cult-like feel is most likely due to the environment fostered by some of the key members of the organization that trickles down to the rest of its members. Basically, the members in the “downline” are just  mirroring the cult-like tactics in their “uplines.” How Much Money Can You Make With Amway? So, how much money can you actually make with Amway? First, take a quick look at how Amway structures its “achievement levels.” Don’t feel bad if none of that made sense. The whole system is designed to confuse you, so you don’t understand how badly you’re being worked over. Basically, if you’re at the top of this strange S-shaped system, you’re making a good amount of money with the company. The top 1% of IBOs make around $80,000 per year. If you’re anywhere in the middle of the list or below, you’ll be lucky to make more than two hundred dollars a month. That’s the number that Amway itself while while making their way up the ladder. At least the company is being honest, I guess. tells its IBOs to expect Many IBOs spend more money on the Amway products they’re forced to buy every month than making money in their downline. Actual Amway Testimonials If you talk with an Amway member in person, they’ll swear up and down that starting your own business with the company is both fun and lucrative. However, it’s rare to find people online who would say the same. The closest video I can find is this one, which starts off somewhat negatively, then starts to praise the company: https://www.youtube.com/watch?v=oeGfd9o4VSo&embedable=true But if you search for Amway reviews on YouTube, you’ll be hit plenty of videos telling you to stay as far away from the company as possible: https://www.youtube.com/watch?v=HPWUr1AV6Vw&embedable=true https://www.youtube.com/watch?v=q27QII8IZhs&embedable=true https://www.youtube.com/watch?v=XDHrFKl0QDI&embedable=true With so many negative reviews, it’s hard to imagine that joining Amway is a good idea. Final Thoughts: Amway Isn’t a Pyramid Scheme, but it Can be Just as Bad Yes, it’s possible for you to make money with Amway if you manage to outperform your peers and land in the top 1%. The odds of that happening, however, are so low it’s really not worth trying. No, Amway is not a pyramid scheme, and it does sell actual products. But when it comes to using Amway as a way to supplement your income, it’s just another scam. Amway’s not the only scam to look out for on the internet. Here are a few more schemes to look out for: 5 Notorious Paypal Invoice Scams & How to Avoid Them How the Geek Squad Scam Works (Don't Fall for This) 7 Most Common Zelle Scams to Watch Out For and How They Work

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Legitify

legitify.eu

-- employees

Since n.d.

COMPANY RANKING

LEGITIFY

EVERGREEN INDEX #5815

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