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While I agree with your comment, new tokenization laws, like the one in Switzerland, make it possible to create tokens and NFTs that transfer legally binding ri
by lukebuehler 5y ago
While I agree with your comment, new tokenization laws, like the one in Switzerland, make it possible to create tokens and NFTs that transfer legally binding rights. E.g., you can go to a judge, prove that you own the private key to a wallet owning assets, and they will enforce the contract behind a said assets.
Edit: here is one article describing the Swiss framework: https://thelawreviews.co.uk/title/the-virtual-currency-regulation-review/switzerland https://thelawreviews.co.uk/title/the-virtual-currency-regul...