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Interesting article that brought to light the usefulness of blockchains I wasn't aware of. >But triple entry changes all that. We can issue stock and you can c
by j_m_b 9y ago
Interesting article that brought to light the usefulness of blockchains I wasn't aware of.
>But triple entry changes all that. We can issue stock and you can check your stock against the blockchain. Now you don’t need access to their books to verify that you actually have 10%. You can look at the chain, see that there were 10 million shares issued and that you have a million, so you have 10% for realz.
Would a blockchain-based company stock system prevent dilution of shares?
- abritinthebay 9y agoWould depend on the implementation
- thisisit 9y agoIt will make it easier for you to figure out if there has been dilution because now there is an open ledger listing out what exactly has happened privately between two parties. Though if we talk about anonymity of all parties involved, this turns into a mush again. People can pick and chose what is hidden in plain sight too.