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Blockchain technology has paved the way for crypto to become a viable and burgeoning part of the American economy. The ability to store large amounts of data and facilitate transactions has led to the widespread adoption of this technology. What was once a curiosity is now an accepted part of the mainstream.

As cryptocurrencies take hold, there are many legal issues you need to contend with. Since crypto is such a new area, there may not be any sure answers. Many legal issues are novel, and you need an experienced lawyer who is well-versed in the area. A crypto attorney could help you anticipate legal issues and deal with the ones that arise. Crypto law spans numerous disciplines and practice areas. At Traverse Legal, we take a broad-based approach to help our clients.

Software License Agreements grant users the rights to install and use software on their systems, often for a one-time purchase fee. In this case, users are responsible for the software’s installation, maintenance, and data storage, and they usually have greater freedom to customize and integrate the software into their existing systems.  The key differences lie in the contract, payment structure, allocation of responsibilities, and customization options. While SaaS is essentially a service contract with recurring payments and provider-handled maintenance, software licenses are more like property contracts that often involve a one-time fee and place more responsibility on the user.