0 sats \ 1 reply \ @BlokchainB OP 22 Sep \ parent \ on: The Tokenization of Digital Securities a discussion. Stacker_Stocks
I think you can do innovative things like on-demand dividend payments. And other things that can give perks to shareholders of your company. Say you own 35 shares of Starbucks and get 5% off your coffee for being a provable shareholder. Then if those shares move you can put in time locks to show how long you owned the shares to stop people from gaming the system.
Everything you talk about is true about equities from a privacy standpoint. The KYC, taxes, if you are a privacy bro and don’t want to take part in owning a company or providing an investment then these products aren’t for you.
I am not an anti state.
Sure I can understand having lets say voting shares versus non-voting, class B provablity and having incentive structures like better premiums on stock buy backs or higher dividents for long-time holders, but again the token doesn't exactly make it so, its the database that talks to the blockchain that makes it so, the oracle, which can be compromised, sure you can add redundancies but now we add more complexity and cost
I'm not saying people won't do this, and that there won't be a RWA token market, I'm just looking at the practical use for the tech, the upside, improvement over the current system
reply