LONDON–()–UK commercial law firm, Al Bawardi Critchlow, today announced that its
founder and senior partner, Dr Julian Critchlow, has been appointed as a
non-executive director by blockchain and cryptocurrency technology
company, Byzen Digital Inc. Dr Critchlow joins the Byzen Digital board
in preparation for the firm’s initial coin offering, scheduled for 2018.
Al Bawardi Critchlow also advised Byzen Digital in connection with its
November 2017 flotation on the US OTC markets.

“Byzen Digital’s objective is to offer a range of cryptocurrency
solutions that will demystify the blockchain and inspire mass market
participation,” said Gary Potter, CEO, Byzen Digital Inc. “Blockchain
regulation varies considerably between jurisdictions, and is in a
constant state of flux as legislators continue to wake up to the
legitimacy and widespread potential of cryptocurrencies. Dr Critchlow’s
knowledge and experience in both financial regulation and commercial law
will be immensely important as we navigate this emerging market and gear
up to launch our range of services in 2018.”

In addition to advising Byzen Digital on its recent flotation, Al
Bawardi Critchlow is providing the cryptocurrency company with legal
advice on the financial regulations and corporate legislation governing
its operations, as well as on matters concerning commercial transactions
and the intellectual property of its blockchain. The Al Bawardi
Critchlow team is able to work in conjunction with its New York-located
partner firm, Costigan Critchlow, to advise on New York Stock Exchange
flotations, reverse takeovers and wider corporate matters that impact
cryptocurrency firms operating in both the UK and US markets.

“Byzen Digital is a company with enormous potential. Not only is it
developing an innovative, highly secure suite of solutions that will
make it easier for everyday people and a wide range of different
organisations to deal in cryptocurrencies, but it is one of very few
firms in the industry that has taken the decision to float,” said Dr
Critchlow. “I’m delighted to be joining a team that combines deep
technical expertise with bold business ambition, augmented by the added
credibility which comes from being a US Securities and Exchange
Commission regulated company.”

As well as working with blockchain innovators such as Byzen Digital, Al
Bawardi Critchlow is seeing increased interest from other businesses
eager to invest in and process cryptocurrencies. This includes foreign
exchange traders, banking clients, wealth management advisers and
companies outside of the financial services sector, for example, in
construction.

“Many businesses are attracted to blockchain because its secure and
decentralised. Others are drawn to the fact that cryptocurrency
transactions are magnitudes faster and cheaper than traditional payment
methods,” continued Dr Critchlow. “We’re helping organisations from a
diverse range of industries explore how they can incorporate
cryptocurrencies into their day-to-day business operations and benefit
from their many advantages.”

About Al Bawardi Critchlow:

Al Bawardi Critchlow is a full service commercial law firm headquartered
in the City of London. Founded in 2016 by Dr Julian Critchlow, the firm
provides legal services across a wide range of practice areas, with
particular expertise in banking & finance, construction & energy and the
public sector.

Its team, which encompasses personnel from a diverse range of
backgrounds and is assisted by an established network of experienced
international partner firms and consultants, offers clients access to
‘magic circle’ calibre expertise, all with a level of personal service
associated with smaller, specialist law firms. Its international
partners include Costigan Critchlow in New York as well as Dubai-based
firms, Al Dahbashi Gray and Al Bawardi Advocates.

Al Bawardi Critchlow’s experience spans commercial litigation, corporate
& commercial transactions, alternative dispute resolution, foreign
investment, fraud & white-collar crime, cross-border disputes,
insurance, international & domestic arbitration, and restructuring &
insolvency.

For more information please visit: abcritchlow.com

Notes to editors:

Photography of Dr Julian Critchlow, founder and senior partner of Al
Bawardi Critchlow is available to download here.

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