On 8 June 2016, the European Union adopted Directive (EU) 2016/943 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure.
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Tijana Milacic is an Associate employed by the Law Firm SAJIC since 2015. Tijana graduated from the University of Belgrade Law School in 2014.
In addition to the labour and media matters, Tijana's area of expertise is corporate and stock market law, consumer protection, IT and trade law.
The financial-market development as well as user preferences to obtain more efficient, faster and simpler services, have created a favourable environment for innovation in this sector in the form of alternative business models based on the digitalization of financial services.
In this text, we will pay more attention to the emergence of ICO, then ICO products, tokens, potential directions of development, and finally whether its application will find an adequate place in today’s legal system.