went through the Dusk Trade docs again tonight and the word I keep landing on is coordination.
I mean.... Dusk Trade is the application layer for tokenized financial assets. discovery, wallet connection, onboarding and eligibility, buying and selling. thats the visible part $BOME
the part underneath is coordinating the asset leg and the payment leg so both settle together
Uhm, thats the whole reason settlement takes days in traditional markets. the asset moves in one system, the money moves in another,and somebody reconciles them afterwards. every hour that gap stays open is counterparty risk somebody is carrying....$BTW
deterministic settlement closes it. both legs or neither
and the docs are blunt that the hard part is never the token contract by itself. its who can access the asset who can hold it whats public whats confidential and how payment and asset settlement coordinate
MMFs ETFs bonds and other RWAs are what its built to carry
whats your take
@Dusk #dusk $DUSK
I mean.... Dusk Trade is the application layer for tokenized financial assets. discovery, wallet connection, onboarding and eligibility, buying and selling. thats the visible part $BOME
the part underneath is coordinating the asset leg and the payment leg so both settle together
Uhm, thats the whole reason settlement takes days in traditional markets. the asset moves in one system, the money moves in another,and somebody reconciles them afterwards. every hour that gap stays open is counterparty risk somebody is carrying....$BTW
deterministic settlement closes it. both legs or neither
and the docs are blunt that the hard part is never the token contract by itself. its who can access the asset who can hold it whats public whats confidential and how payment and asset settlement coordinate
MMFs ETFs bonds and other RWAs are what its built to carry
whats your take
@Dusk #dusk $DUSK