Introducing a New Standard for Digital Stock Certificates: #erc-1450
▻https://hackernoon.com/introducing-a-new-standard-for-digital-stock-certificates-erc-1450-c7ec9
It is clear by now that one of the most important revolutions brought about by #blockchain technology will be the digitization of the world: transforming assets into tokens that represent the ownership of trillions of dollars worth of securities and real estate. However, in order to make that transition possible, there needs to be a marriage of decentralized applications and regulation. Why regulation?It turns out when you divide assets into small pieces and sell those pieces to investors, those fractional pieces of an asset instantly become securities. Securities are highly regulated by the Securities Exchange Commission (the SEC) and the 50 State Administrators. Effecting transactions of securities requires the intermediate to be a Broker-Dealer.In the past few years, American (...)