Nearly everything we do in business produces a record - whether it is a document, email, or transaction. These records help us make decisions in our organizations.
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Based on other language in various legislation relating to blockchain, determining the genuineness of the author of a record may prove challenging since in public, permissionless blockchains do not provide an explicit and stable link between a transacting address and
The laws about “custody” were drafted when people still printed in ink on dead tree carcasses.
Financial regulations could be written into supervisory systems that banks and other finserv’s simply plug into.
Now that asset-backed tokens and “stable coins” are starting to become more and more mainstream, the normalization of the technology still presents some confusion and challenges for the average person.
In the magical realm of Blockchain Land, consensus is based upon the underlying math and logic contained within the software used to write new ledger transactions.
