Digital Economy and Artificial Intelligence practice and disputes

Digital Economy and Artificial Intelligence Business Center

In the context of the digital economy and artificial intelligence technology deeply reshaping the business ecosystem, various industries have emerged with a large number of complex and specialized emerging legal needs. To seize strategic opportunities, improve the professional service system of law firms, and enhance their market competitiveness, Yinghe Law Firm has established a Digital Economy and Artificial Intelligence Business Center. Relying on a professional team configuration and industry-specific service capabilities, this center focuses on deploying cutting-edge areas such as domestic digital economy business, artificial intelligence business, and cross-border digital economy business.

1. Business Field and Service Orientation

(1) Core business matrix

1. Domestic digital economy sector

(1) Data compliance services: For internet, fintech, and credit reporting enterprises, we assist in formulating data compliance plans, upgrading existing products, and developing new ones. This ensures that they comply with domestic laws and regulations as well as internationally accepted rules throughout the entire lifecycle of data collection, storage, use, sharing, and deletion. We also devise compliance strategies to address data regulatory requirements.

(2) Data assetization services: Assist enterprises in recognizing data as assets, including evaluating the value of data assets, aiding fintech companies in expanding financial business through data assets, assisting credit bureaus in clarifying the ownership of credit data assets, exploring data value-added service models, and handling legal matters related to the transfer or licensing of data assets.

(3) Data trading legal services: Participate in the establishment of data trading platforms, develop transaction structures for businesses such as enterprise data trading, data cooperation for financial technology companies, and data sharing for credit investigation institutions, draft and review data trading contracts, handle data trading disputes, and ensure the legality and security of data trading.

(4) Data analysis and visualization legal services: Review the legality of data analysis methods employed by internet companies, ensuring that enterprises do not infringe upon the rights and interests of others during the process of utilizing data for business decision-making, market analysis, etc. Provide a legal framework for the reasonable utilization of data. Assist fintech companies in ensuring that data analysis algorithms are fair and equitable, and comply with regulatory requirements. In terms of data visualization, ensure that the displayed content is true and accurate, without triggering financial risks. If disputes arise due to analysis results or displays, assist enterprises in handling them appropriately. Review data analysis methods for credit bureaus to ensure the scientificity and legality of credit assessments. Audit credit reports presented visually to ensure clarity and accuracy. Handle various disputes arising from data interpretation, etc.

(5) Data privacy protection: Assist Internet companies and fintech firms in establishing comprehensive data privacy protection systems, guide credit reporting agencies to strictly adhere to data privacy standards, standardize credit data processing procedures, help enterprises respond to security incidents such as data breaches and unauthorized access, and ensure the privacy rights and interests of data subjects. Provide legal advice on security strategies and assist in investigating responsibilities after security incidents occur.

(6) Dispute resolution related to data processing: Providing legal services for dispute resolution in data ownership disputes or infringement issues of information subjects, disputes arising from the accuracy and compliance of data usage by financial technology companies, and credit data disputes in credit reporting business.

2. Artificial intelligence field

(1) AI ethical governance: Assist enterprises or other entities in constructing an AI ethical review framework, and provide compliance solutions for technical risks such as algorithmic discrimination and deepfakes.

(2) Legal regulation and application risks of artificial intelligence technology: Assess the potential legal risks of artificial intelligence technology in the process of research and development, deployment, and operation, such as the legality and fairness of Internet algorithm recommendation systems, financial technology intelligent risk control algorithms, and credit evaluation algorithms for credit reporting services. Prevent risks such as algorithmic discrimination and manipulation, as well as challenges in defining responsibilities arising from technological autonomy. Based on the risk analysis results, develop targeted response strategies for clients, including adjusting algorithm design, improving data management processes, and establishing a responsibility traceability mechanism, to help clients reduce legal risks.

(3) Legal risk assessment and compliance plan development for AI products: Conduct a systematic legal risk assessment of AI products throughout their entire lifecycle, from conceptual design, development and testing, to market promotion and after-sales maintenance. Focus on risks related to product liability, intellectual property ownership, user agreements, and other aspects.

(4) Artificial Intelligence Intellectual Property Services: Handling copyright ownership issues of content generated by artificial intelligence, such as AI-generated content on internet platforms and intelligent investment advisory reports in financial technology, assisting enterprises in applying for patents related to artificial intelligence, and protecting their intellectual property achievements and trade secrets during the research and development process of artificial intelligence technology.

(5) Legal services for intelligent product liability: In the event of infringement disputes arising from products such as Internet plus intelligent hardware, financial technology intelligent customer service, and intelligent scoring systems for credit investigation business, we provide professional legal agency services for enterprises, clarify the responsible parties and scope of compensation, and safeguard the legitimate rights and interests of enterprises.

(6) AI intellectual property: resolve disputes over ownership of generative AI content, and develop patent layout strategies and trade secret protection systems.

3. Cross-border digital economy sector

(1) Legal support for cross-border data flow: Provide legal risk assessments tailored to enterprises' cross-border data transmission needs, assist in handling relevant approval procedures, and ensure that cross-border data flow complies with domestic and international regulatory requirements.

(2) Legal services for cryptocurrency funds: Assist clients in applying for Hong Kong's Type 9 license, develop comprehensive and compliant plans for cross-border funds, data, and investments, assist clients in handling various daily legal matters during the operation of cryptocurrency funds, provide emergency services such as crisis management and account unfreezing, as well as relevant criminal risk prevention and agency services.

(3) Emerging Business Services: Specializing in legal services pertaining to blockchain and the new economy sector, encompassing civil, commercial, and criminal cases involving digital collectible platforms, blockchain-based games, AI technology companies, and cross-border virtual payment institutions.

(II) Differentiated service positioning

1. In-depth industry services: Focusing on vertical fields such as digital finance, corporate credit investigation, data trading, and cryptocurrency funds, we have a deep understanding of the business models, development plans, and legal issues faced by enterprises in the digital economy and artificial intelligence applications. We provide customized service solutions that combine "law, industry insights, and enterprise insights" for enterprises of different sizes and at different stages of development, meeting their specific needs.

2. Forward-looking legal services: Closely monitor the cutting-edge developments in relevant fields, as well as adjustments and changes to relevant legal policies. Provide early warnings to clients about potential legal risks and offer forward-looking legal advice, assisting enterprises in achieving business innovation and breakthroughs while adhering to compliance regulations, thereby gaining an advantage in fierce market competition.

3. Technical compliance loop: Configure legal and technical expert consultants to achieve full-cycle compliance intervention from algorithm development, data training to product launch.

4. Dispute resolution innovation: Leverage the advantages of the law firm platform to establish a diversified dispute resolution mechanism that adapts to the characteristics of digital disputes.