#dusk $DUSK @Dusk “A client invited me to his farmhouse to discuss closing a $4.5 million deal. How should I handle this professionally while protecting my boundaries?”
Markets change when technology gets faster. They change when it becomes too expensive to ignore the cost of coordinating trust between people.
The thing that is happening in Europe is really interesting. The big opportunity might not be about putting securities on a blockchain. Rather about rebuilding the entire workflow around securities.
What if issuance and investor eligibility and trading and custody and disclosure and settlement all happened in the system?
This is where Dusk and NPEX become really interesting. NPEX is a place where people can buy and sell securities. It is regulated. Dusk and NPEX are working together to see if they can use blockchain technology to make regulated markets better.
The big change here is in the architecture. Of just adding blockchain technology to the way financial things are done markets could actually become workflows that happen on a blockchain, with privacy and the ability to disclose information only to certain people built right in.
Regulation is a big question. Who gets to decide who can access the system and how much information should be shared with everyone?
If this way of doing things actually works regulated finance could become something that can be programmed and automated without giving up the rules that make people trust it. Regulated finance could be trustworthy. Also be programmable which would be a big deal for Dusk and NPEX and for markets, in general.@Dusk $ACE
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