Spent Thursday evening on the Market Infrastructure page rather than the technical ones, and it changed who I think the docs are talking to.
The technical pages describe a chain. That page describes a WORKFLOW — who can access an asset, who may hold or transfer it, whats public, whats confidential, what gets selectively disclosed, how the payment and asset legs coordinate.
Not one of those is a blockchain question. Theyre all market structure questions that existed before any of this.
"The technology is the answer. The docs are careful to keep showing you the question."
Uhm, and I think thats what separates this from most RWA pitches, which start from the chain and reverse into a use case.
Starting from the workflow means the honest version of the pitch is quite modest. Not everything changes. Some handoffs get removed, settlement compresses, reconciliation reduces.
Whether institutions find that compelling enough to move is a genuinely open question. Modest improvements are harder to sell than revolutions, even when theyre more likely to be true....
#dusk @Dusk $DUSK
The technical pages describe a chain. That page describes a WORKFLOW — who can access an asset, who may hold or transfer it, whats public, whats confidential, what gets selectively disclosed, how the payment and asset legs coordinate.
Not one of those is a blockchain question. Theyre all market structure questions that existed before any of this.
"The technology is the answer. The docs are careful to keep showing you the question."
Uhm, and I think thats what separates this from most RWA pitches, which start from the chain and reverse into a use case.
Starting from the workflow means the honest version of the pitch is quite modest. Not everything changes. Some handoffs get removed, settlement compresses, reconciliation reduces.
Whether institutions find that compelling enough to move is a genuinely open question. Modest improvements are harder to sell than revolutions, even when theyre more likely to be true....
#dusk @Dusk $DUSK