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RE: l

in #news5 years ago

To issue securities as tokens could have a competitive advantage in a market with low penetration of financial products.

Your point about finding companies that will put capital to use for a good purpose is well taken.

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I agree. Tokenizing ownership will indeed revolutionise markets. It will help people in areas of low penetration gain access to opportunities.

My point was in essence; we have to focus on developing these systems to a better extent. Our focus cannot be to shift from dematerialized shares to tokenized shares in a short span. By focusing on developing the infrastructure to issue and trade these tokens, we will set ourselves up for an ecosystem that can sustain in the long run. I wholeheartedly agree with the point you put forth, but I see infrastructure development to be an imperative step for today rather than looking to immediately tokenize shares.

Slow and steady wins the race. Accelerating too fast causes a dangerous crash.

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