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Can you be a bit more specific about the practical aspects of block chain technology regarding RWA?
by jnkl 1y ago
Can you be a bit more specific about the practical aspects of block chain technology regarding RWA?
- twoodfin 1y agoIANABCE but… It’d be really great to be able to price predictions for various RWA at a fine grain: “Will IBM be >$240 next Friday at market close?” “Will George Alleline default on his mortgage for 46 Smiley Court?” But manually creating and marketing these nanosecurities has too much overhead. Traditionally you’d bundle up a bunch of small stuff into a derivative, but that creates a complex instrument that’s hard to price—and then you get a Global Financial Crisis. Block chains offer the potential to make these kinds of nano trades self-executing at scale.