Can an assets entire lifecycle be managed using blockchain infrastructure?
I used to think that putting an asset on the blockchain mostly meant creating a token and finding a way to trade the asset.
The more I look at what Dusk's building the more I feel that this definition is not complete.
For assets the interesting part is not just the moment they get tokenized.
It is everything that happens before. After the tokenization of the financial assets.
This includes issuance of the assets ownership of the financial assets transfers of the financial assets compliance checks for the financial assets trading of the financial assets settlement of the financial assets and eventually whatever happens when the financial assets reach the end of their lifecycle.
This makes blockchain infrastructure more interesting to me.
If the entire process can be handled within one environment you start moving from the idea of blockchain as simply a place to trade financial assets.
The blockchain infrastructure becomes like the underlying infrastructure for the financial assets themselves.
That is where Dusk caught my attention.
Dusks focus on financial markets programmable privacy and tokenized financial assets suggests a different approach build the infrastructure around the financial assets rather than only building a place where the financial assets can be exchanged.
Privacy becomes important here too.
Financial institutions do not necessarily want everything exposed publicly They still need rules, verification and predictable settlement for the financial assets.
So the bigger question I am asking is
Can blockchain eventually manage an asset from issuance all the way through its complete lifecycle while still satisfying the requirements of regulated finance for the financial assets?
If the answer is yes then tokenization might be the beginning for the financial assets.
#dusk $DUSK @Dusk
I used to think that putting an asset on the blockchain mostly meant creating a token and finding a way to trade the asset.
The more I look at what Dusk's building the more I feel that this definition is not complete.
For assets the interesting part is not just the moment they get tokenized.
It is everything that happens before. After the tokenization of the financial assets.
This includes issuance of the assets ownership of the financial assets transfers of the financial assets compliance checks for the financial assets trading of the financial assets settlement of the financial assets and eventually whatever happens when the financial assets reach the end of their lifecycle.
This makes blockchain infrastructure more interesting to me.
If the entire process can be handled within one environment you start moving from the idea of blockchain as simply a place to trade financial assets.
The blockchain infrastructure becomes like the underlying infrastructure for the financial assets themselves.
That is where Dusk caught my attention.
Dusks focus on financial markets programmable privacy and tokenized financial assets suggests a different approach build the infrastructure around the financial assets rather than only building a place where the financial assets can be exchanged.
Privacy becomes important here too.
Financial institutions do not necessarily want everything exposed publicly They still need rules, verification and predictable settlement for the financial assets.
So the bigger question I am asking is
Can blockchain eventually manage an asset from issuance all the way through its complete lifecycle while still satisfying the requirements of regulated finance for the financial assets?
If the answer is yes then tokenization might be the beginning for the financial assets.
#dusk $DUSK @Dusk