News that toughen up the Blockchain 💪🏻 ⛓

in #blockchain7 years ago (edited)

A twitter user uploaded a video in which he shows the steps(10 minutes) to tokenize an asset in a Blockchain (in this case the action of a company) and that is legal in the US and in front of the SEC.

https://mobile.twitter.com/brucefenton/status/987652553914699777

Screen Shot 2018-04-21 at 12.45.06 PM.png

As this user highlights, the advantage of having an asset of this type in a public Blockchain, is not that the issue is not centralized (logically, the action of a company is issued in a centralized manner), but that it represents an advantage for the holders of those assets that can move and control them freely.

Who has a tokenized action, could negotiate it in several platforms (exchanges) or sell it directly to the neighbour if he wanted.
You do not have to depend on the database of a company, in a hardware wallet you would have your shares, as well as your bitcoins. In addition, many intermediaries that do not add value would be eliminated.

An SME could issue shares almost without costs and without having to depend on intermediary banks, brokers or anything like that.

Nice, huh? 🤔