Comment on Nasdaq Seeks Nod From U.S. SEC to Tokenize Stocks
Lemming6969@lemmy.world 3 weeks agoPrevents naked short fraud and manufacturing shares that they can locate at a later date.
Comment on Nasdaq Seeks Nod From U.S. SEC to Tokenize Stocks
Lemming6969@lemmy.world 3 weeks agoPrevents naked short fraud and manufacturing shares that they can locate at a later date.
jacksilver@lemmy.world 3 weeks ago
How does a regular database not do that?
Either it’s tracked or its not, the medium for that tracking doesn’t really change much.
technocrit@lemmy.dbzer0.com 2 weeks ago
There is no “regular database” running these exchanges.
jacksilver@lemmy.world 2 weeks ago
I’m sure someone out there is running something on paper still, but that’s not how most things are run.
Additionally, unless people are legally required to do all exchanges on the public ledger (which seems highly unlikely), then you’d still end up with transactions not monitored on the public ledger.
witheyeandclaw@lemmy.sdf.org 3 weeks ago
It probably doubles the amount of times they can do it.