The SPV can, in theory, commit fraud and transfer ownership of the asset out from under the SPV owner. If it does that, the directors are in Deep Shit. The tr

The SPV can, in theory, commit fraud and transfer ownership of the asset out from under the SPV owner. If it does that, the directors are in Deep Shit. The transactional architecture is basically: paperwork is prepared as a set of legal warranties. NFT purchase also pays for all of those warranties giving a very strong set of legal protections to the NFT purchaser. The key is simultaneous execution of all the contracts as a single atomic transaction without any chance of mis execution or somebody changing their mind half way through. Think of it as a vending machine for legal obligations. Automated obligation. Smart contract. Everything is a Turing machine in the end. Everything can be done on paper. All that really changes is defect rate and transaction cost.