This is really cool. I've been thinking this is exactly what we need for awhile now, and if Omise already has so many big money connections then I'm excited. You know I was too young to really understand how the internet was changing the world until it had already changed, but it's really cool to watch crypto start its world take over. I can't wait!
It's definitely interesting. The best part is these projects are mostly open sourced and display their roadmaps so you can read about what they are going to do. I imagine the banks are terrified, as they have more business to lose from the technology than any other industry.
That is next level cool. I can't imagine what it would be like to be a high up executive at one of those big banks while a technology not even a company itself is stealing all your customers. Must be bizarre to look back on a century of market dominance, and then suddenly POOF you're an obsolete business. I wonder when we're gonna decentralize big time investing and stocks. That'll probably be well after everyone realizes crypto is here to stay.
It definitely makes sense to raise funds through a token distributed on a blockchain than to pay GSK or some other investment bank 10, 20% or more to do it for you. The stock market is slow, settlement times take two days which is ridiculous, blockchains are much faster. Also insider trading is rampant, it is impossible to cover your tracks on a blockchain. It should cost pennies to trade stocks and banks are
often profiting by acting as double agents and selling shares directly from their books, we are getting ripped off.
Couldn’t agree more. You could merge Kickstarter and stock investing into a single or series of dapps and not have to deal with all the red tape or copious fees. I remember early this year that some people are saying 2018 will be the year of the crypto and I wasn’t sure at first, but with the rise of so many real use case cryptocurrencies that are tied to tangible products like the content here in Steem or the physical products that are logged on that private industrial block chain network. I don’t remember the name of it, but it’s made to keep track of all the components in a business’ production line.