At first i thought native issuance was basically just another version of tokenization but the more i read about how Dusk separates the two, the more i started to see why they keep making that distinction. Tokenization can put an existing asset onchain, while native issuance can change where the asset lifecycle actually starts and how ownership, transfers and settlement are handled from there.
That also made the regulated securities angle make more sense to me. If the asset is designed around an onchain lifecycle instead of being created somewhere else and represented onchain later, then the blockchain is not just acting like a new place to store the same asset.
I think that is where the idea gets more interesting. Creating a token is probably the easy part. Making issuance, ownership, transfer and settlement work together while the asset still has to fit real regulatory requirements is the much harder problem.
The part i keep coming back to is that $DUSK is trying to handle more than the token itself. If the entire lifecycle can eventually happen around the same infrastructure, then tokenization becomes only one small part of the story.
Would native issuance eventually matter more than simply putting existing assets onchain?
@Dusk_Foundation $DUSK #dusk
That also made the regulated securities angle make more sense to me. If the asset is designed around an onchain lifecycle instead of being created somewhere else and represented onchain later, then the blockchain is not just acting like a new place to store the same asset.
I think that is where the idea gets more interesting. Creating a token is probably the easy part. Making issuance, ownership, transfer and settlement work together while the asset still has to fit real regulatory requirements is the much harder problem.
The part i keep coming back to is that $DUSK is trying to handle more than the token itself. If the entire lifecycle can eventually happen around the same infrastructure, then tokenization becomes only one small part of the story.
Would native issuance eventually matter more than simply putting existing assets onchain?
@Dusk_Foundation $DUSK #dusk