#dusk $DUSK @Dusk
Really...... My change of perspective on @Dusk_Foundation is not actually tokenization, but rather where and how will that asset be used after tokenization? Hmm, that's the question.
Yes, earlier it seemed like bringing a bond, ETF or other financial asset to the blockchain was a big task. But after looking into the concept of Dusk Trade a little deeper, I realized that the real complexity begins after that. If it is created as a neobroker and MTF for MMF, ETF and bond, then just trading infrastructure is not enough here. Things like compliance, investor protection, settlement and reporting of traditional finance will also have to work in the same environment. But it is something to think about. The idea of working with an AFM-regulated exchange like NPEX also seemed important to me. Because it shows that the goal is not just to create another crypto market outside the existing financial system, but to look at the problem of how to connect blockchain infrastructure with regulated finance. Yes, that's right, this is where Dusk's programmable privacy concept also becomes interesting. In real financial markets, it is not possible to make all information public, nor is it possible to keep everything secret. The real challenge is balancing who has access to what information, what information can be verified when needed, and how reliable settlement will be. But the idea and the actual use are not the same thing. How efficiently Dusk can run this model will ultimately be more important. More than a list of licenses, partners or technologies, I want to see how regularly real financial activity comes onChain.
Anyway, time will tell🤔
Really...... My change of perspective on @Dusk_Foundation is not actually tokenization, but rather where and how will that asset be used after tokenization? Hmm, that's the question.
Yes, earlier it seemed like bringing a bond, ETF or other financial asset to the blockchain was a big task. But after looking into the concept of Dusk Trade a little deeper, I realized that the real complexity begins after that. If it is created as a neobroker and MTF for MMF, ETF and bond, then just trading infrastructure is not enough here. Things like compliance, investor protection, settlement and reporting of traditional finance will also have to work in the same environment. But it is something to think about. The idea of working with an AFM-regulated exchange like NPEX also seemed important to me. Because it shows that the goal is not just to create another crypto market outside the existing financial system, but to look at the problem of how to connect blockchain infrastructure with regulated finance. Yes, that's right, this is where Dusk's programmable privacy concept also becomes interesting. In real financial markets, it is not possible to make all information public, nor is it possible to keep everything secret. The real challenge is balancing who has access to what information, what information can be verified when needed, and how reliable settlement will be. But the idea and the actual use are not the same thing. How efficiently Dusk can run this model will ultimately be more important. More than a list of licenses, partners or technologies, I want to see how regularly real financial activity comes onChain.
Anyway, time will tell🤔