Honestly, I used to think putting securities on-chain was pretty straightforward.
The trade happens, the blockchain updates the records, and that's it.
But while looking into Dusk and 21X, I started seeing it differently.
Traditional financial markets are built in separate layers. The exchange handles trading, another system handles clearing, and another is responsible for holding the assets. It can feel outdated and slow, but there is a reason for that separation: if one part has a problem, the others aren't necessarily affected.
A DLT-TSS model changes this structure.
It brings these functions much closer together, allowing execution and settlement to happen in the same environment. Less waiting, less reconciliation, and potentially much less counterparty risk.
But then I started thinking about the other side.
When everything becomes more connected, the risk becomes more connected too. If a critical part of the smart-contract infrastructure fails, the impact could reach more than one function at once.
That's what I'm really watching.
Not just how much volume 21X might bring to $DUSK, but how institutional risk teams will react to this completely different way of thinking about market infrastructure.@Dusk #dusk $DUSK
$ACE
$BOME
The trade happens, the blockchain updates the records, and that's it.
But while looking into Dusk and 21X, I started seeing it differently.
Traditional financial markets are built in separate layers. The exchange handles trading, another system handles clearing, and another is responsible for holding the assets. It can feel outdated and slow, but there is a reason for that separation: if one part has a problem, the others aren't necessarily affected.
A DLT-TSS model changes this structure.
It brings these functions much closer together, allowing execution and settlement to happen in the same environment. Less waiting, less reconciliation, and potentially much less counterparty risk.
But then I started thinking about the other side.
When everything becomes more connected, the risk becomes more connected too. If a critical part of the smart-contract infrastructure fails, the impact could reach more than one function at once.
That's what I'm really watching.
Not just how much volume 21X might bring to $DUSK, but how institutional risk teams will react to this completely different way of thinking about market infrastructure.@Dusk #dusk $DUSK
$ACE
$BOME