3 Real-World Use Cases of #blockchain Smart Companies
▻https://hackernoon.com/3-real-world-use-cases-of-blockchain-smart-companies-b8462fa009fb?source
2019 — It’s time to Walk the Blockchain TalkIn the awakening of 2019, after some ups and downs in the crypto market (okay, mostly downs), it’s time to take a good look at the Blockchain community and explore its real-world applications.We’d like to take a step further in the game, and start the conversation about use cases of a Smart Company (SC).A quick pause — what is a Smart Company?Simply put, a Smart Company is a hybrid of real-world International Business Company (IBC) and Decentralized Autonomous Organization (DAO). Whereas a DAO is not legally recognized, a Smart Company is. Needless to say, this is an important distinction.As legally compliant entities, Smart Companies can provide significant advantages in the ownership structures of a company. Having all your shares as tokens offers a (...)
#compliance #entrepreneurship #tokenization #smart-contracts