The SEC’s approval lets Nasdaq test blockchain-based versions of stocks that trade and settle like traditional shares.
- Rioting Pacifist@lemmy.worldEnglish1 day
Straight to jail, everyone involved in this and the results t scams should be sent to jail day 1 of the next presidents.
- trolololol@lemmy.worldEnglish24 hours
So what I got is that the pre existing stocks will be split behind the scenes into stocks that are settled by a clearing house as usual, and settled by the same clearing house with blockchain.
I’m just confused, if you have one authority, a single one, responsible for settlement, then a database is enough. And a blockchain with one node that writes and many that read, is ridiculous.
- 1 day
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