counterparty risk is still there, but you have a verifiable public record of the transactions. Would take regulators and court cases to set precedence after a t

counterparty risk is still there, but you have a verifiable public record of the transactions. Would take regulators and court cases to set precedence after a transaction has happened. The ability to undo a transaction would have to be there as well (fraud). This is also something that needs to happen. "unregistered public offering in accordance with Rule 506(c) of Regulation D". Cuts out a lot of the market, as many can not trade in unregistered offerings.