Headlines
1) Blockchain-Based Smart City Project Limestone Plans for Token Listing
2) Title Token for Blockchain Estate Registry, Part 1
3) Self-Service Platform Issues Security Tokens Backed by Real-World Assets
4) Tokenization Holds the Key to Sustainable Platform Business Model Growth
Reading Notes
Blockchain-Based Smart City Project Limestone Plans for Token Listing
A Singapore blockchain-based smart city project in the Cambodian capital wants to list its native token on a crypto exchange.
Title Token for Blockchain Estate Registry, Part 1
A blockchain is an append-only database of transactions, and retroactivity or access of third parties is impossible.
Only the owner of the private key to the address where tokens are recorded can authorize further transactions. It causes a long list of legal considerations, but to make it clear, let us name the major ones.
There is no way how a user: can inherit a token; can enforce a lawful court decision, for instance, to resolve a dispute; or can restore access if the private key is lost.
If the token is the primary source of knowledge about your legal right for anything, you lose this right by losing access to this record, as you cannot dispose of it — i.e., perform any transaction. You cannot simply create another token to represent the same right. Any buyer will have legitimate doubts that someone else suddenly finds the private key to the lost token. Tokens representing the same right in the system will create a sort of double-spending problem. This model runs the risk of uncertainty in who owns what, and it is unlikely that massive tokenization will happen under these circumstances.
“Permissioned blockchain” is a rhetorical oxymoron.
Self-Service Platform Issues Security Tokens Backed by Real-World Assets
Tokenizer is putting the tools to turn real-world assets into security tokens within the hands of the everyman.
Tokenization Holds the Key to Sustainable Platform Business Model Growth
In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool.
Finance and Inclusion
Crisis as a Catalyst for Change: Southeast Asia Is Digitizing Finances
Southeast Asia’s relations with open finance and emerging technologies have become more prominent during the COVID-19 pandemic.
https://cointelegraph.com/news/crisis-as-a-catalyst-for-change-southeast-asia-is-digitizing-finances
Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?
Despite the benefits of crypto being in the hands of the few, the current crisis may be a harbinger of change.
With the influx of new money fueling demand in the equity markets, what we are witnessing is the inflation of financial assets, and a floating of the haves, combined with deflation of economic assets, and a needed rescue of the have-nots.
Instead of tilting at central bank windmills, crypto would do well to focus on what it does well — as a speculative store of value.
With all the liquidity entering the markets and the finite number of Bitcoin, market participants have been increasingly bullish on the crypto — it’s just market number logic.
https://cointelegraph.com/news/income-inequality-can-bitcoin-or-other-cryptocurrencies-fix-this