The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.
The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.
Fucking why?? What’s the point?? You’ve already got a database, what does making it immutable and decentralized and inefficient help?? It’s still under a central authority, so it’s not even proper decentralised.
Prevents naked short fraud and manufacturing shares that they can locate at a later date.
How does a regular database not do that?
Either it’s tracked or its not, the medium for that tracking doesn’t really change much.
Because it either: Directly facilitates some fraud that they are trying to legitimize …or… They are trying to spend some of the perceived credibility of their stock market on legitimizing blockchain generally in the hope of facilitating some frauds that have nothing to do with their stock market.
Either way, it’s about fraud. It’s always, always fraud with anything blockchain related.