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First-of-its-Kind Consultancy Delivers Comprehensive Blockchain Solutions
New York, NY – May 7, 2020 – Carlton Fields is pleased to announce the launch of SQrBlock Solutions, LLC, Carlton Fields’ blockchain consultancy. SQrBlock coordinates the delivery of blockchain as a service (BaaS) and services by providers, consultants, developers, and lawyers as needed, providing clients with a reliable, cost-effective, and holistic approach for the development of innovative blockchain-powered applications.
SQrBlock facilitates the development of blockchain-powered applications for every industry sector by delivering comprehensive solutions that include blockchain platform selection, application design, product development, launch, and monitoring.
“Blockchain holds immense potential for improving efficiency, providing real-time information, and reducing costs,” said Huhnsik Chung, president, and chief executive officer of SQrBlock, who is also co-chair of Carlton Field’s FinTech and P&C Insurance Regulatory and Transactional Practice.
“Business leaders around the world are recognizing the compelling cases for blockchain technology. In fact, more than half of surveyed senior executives say blockchain has become a critical priority.
“But given its technical nature and relative novelty, integrating blockchain into everyday business functions can be confusing. SQrBlock is a one-stop destination to help businesses reap immense value as quickly and efficiently as possible,” added Huhnsik.
SQrBlock’s team draws on decades of legal, consultative, and technical experience to help clients identify and solve problems. Whether it’s the use of cryptocurrency to assist in blockchain forensics, the deployment of cutting-edge compliance protocols, or enterprise application through creation of new products, blockchain technology has vast potential across industries.
“Having the technical and consultative know-how to deliver comprehensive blockchain solutions across industry is powerful,” added Barry Weissman, executive vice president of SQrBlock Solutions and co-chair, with Huhnsik, of Carlton Fields FinTech and P&C Insurance Regulatory and Transactional Practice.
He further added, “Doing that while offering the capacity to handle all legal, regulatory, and compliance issues through Carlton Fields? That’s revolutionary.”
The cornerstone of the SQrBlock implementation is, naturally, technology. SQrBlock partners exclusively with B-square Lab, a Korean BaaS provider and blockchain developer. B-Square Lab’s unique and proprietary framework allows it to rapidly interface blockchain technology with legacy systems to add the advantages of blockchain to supplement and improve critical enterprise functionalities in an efficient and seamless manner. SQrBlock and B-square Lab adhere to the design principles of openness and win-win, supporting all types of mainstream alliance chains and public chain development environments.
For more information on SQrBlock Solutions, please visit SQrBlock.com.
About Carlton Fields: Carlton Fields has more than 325 attorneys and government and financial services consultants serving clients from offices in California, Connecticut, Florida, Georgia, New Jersey, New York, and Washington, D.C. The firm is known for its national litigation practice, including class action defense, trial practice, white-collar representation, and high-stakes appeals; its insurance practice, including life and financial lines, property and casualty, reinsurance, and title insurance; its regulatory practice; and its handling of sophisticated business transactions and corporate counseling for domestic and international clients. For additional information, visit www.carltonfields.com. (Carlton Fields practices law in California through Carlton Fields, LLP.)
