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The "cloud" is someone else's computer. What are you actually suggesting that would have preempted this issue? The DTC's issue was one of volume, which is certa
by dsacco 10y ago
The "cloud" is someone else's computer. What are you actually suggesting that would have preempted this issue? The DTC's issue was one of volume, which is certainly a technological issue, but what precisely would "cloud" computing do about it?
By design it is supposed to be centralized, and it would likely be out of the question for the DTC to utilize the computing resources of a private company (especially one for which it owns all or nearly all the extant shares).
- Mathnerd314 10y agoThe problem is the chain of responsibility: company -> DTC -> brokers -> investors With "IPO as a service", the chain of responsibility is instead: cloud-IPO -> company -> investors Because of centralization, the DTC isn't as accountable to the company as a cloud service would be. I guess there are actually companies in the space, e.g. https://www.startengine.com/ https://www.startengine.com/