The result has been a rush to treat blockchains like infallible digital notaries, recording truthful information and sharing it around.
The future of business contracting is, we believe, the exchange of product and service tokens for digital payment tokens.
When combining tokenization with the complex business logic enabled by smart contracts, we can represent complex business interactions faithfully, and we can do so much more reliably than most companies can today.
It’s not atypical for companies to find that their ability to negotiate agreements far exceeds their ability to actually keep to those agreements.
To get there from here, however, the first step is for companies to embrace tokenization and move away from simply treating blockchains like fancy digital notaries.
On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security.
Singapore and Germany’s central bank have agreed on a collaboration involving cross-border digital asset settlements between the two countries. According to the press release, Monetary Authority of Singapore and the Deutsche Bundesbank agree to join forces on cross-border digital asset…
Calastone has integrated with proof-of-stake blockchain platform Polygon to tap into institutional-scale funds distribution for institutions across 58 markets.
Canton Network, a public blockchain that brings institutional-scale operations to the industry via on-chain privacy, is eyeing Franklin Templeton for expansion.
Mantle brings a major player into its fold with Backed's xStocks. The platform lends immediate scale and credibility to the blockchain’s real-world asset ambitions.
Tether partnered with asset management firm KraneShares and tokenized securities platform Bitfinex Securities to accelerate the adoption of tokenized securities.