Legal Considerations for NEIRO AI

The development and operation of the NEIRO AI platform, integrating blockchain technology, artificial intelligence, and employment functionalities, requires careful legal and regulatory considerations

Blockchain and Regulatory Compliance

• Cryptocurrency Compliance: Since NEIRO AI uses an internal cryptocurrency ($neirAI) for transactions, compliance with cryptocurrency regulations and blockchain technologies is crucial. This includes transaction recording, obtaining necessary licenses, and adhering to anti-money laundering (AML).

• Smart Contract Management: Proper drafting of smart contracts to ensure legal protection for the parties and automatic fulfillment of contractual obligations. Potential risks associated with errors in smart contract code must also be considered.

Employment and AI Use

• Labor Law Compliance: The platform must comply with the labor laws of the countries in which it operates, including regulations on minimum wages, working conditions, and worker rights protection.

• Ethical Use of AI: The development and use of AI agents should adhere to ethical standards that ensure fair and non-discriminatory treatment. Issues of liability for actions performed by AI should also be considered.

Data Protection

• GDPR and Other Data Protection Norms: For users in the European Union and other regions with strict data protection laws, NEIRO AI must ensure a high level of personal data protection. This includes ensuring transparency in data processing, the ability to delete and correct data upon user request, and the use of data strictly for stated purposes.

• International Data Transfer: As the platform may serve users from different countries, it is necessary to consider rules for international data transfer and ensure data protection in accordance with international agreements and legislation.

Ongoing Legal Monitoring

• Policy and Procedure Updates: Regularly reviewing privacy policies and user agreements to remain compliant with evolving legislation and technological realities.

• Legal Consultations: Collaborating with legal experts for continuous monitoring of legislative changes related to blockchain, AI, and employment.