Distributed ledgers may be a better way to manage ownership. But that innovation is best suited for standardized stakes subject to audits, regulation and oversi

Distributed ledgers may be a better way to manage ownership. But that innovation is best suited for standardized stakes subject to audits, regulation and oversight. Startups is where everything is non standard and no track record has been established. Innovation in contract mechanics adds little value and the way it is done at the moment it takes away a lot of the already limited transparency and accountability. Expect to get hurt once the bubble dynamic fades.