RE: Tokenization - Worlds most Disruptive Financial Tool
Dear @ocupation
I absolutely love your publication. There isn't enough quality posts yet about token economies. Right now it seem that most developing teams behind all tokens simply didn't think through their token economy.
You can see so many basic mistakes everywhere.
Would you mind sharing with me what do you do for living? Are your in any way related to blockchain tech? Just curious.
So basically there is no middleman who will take credits for just being there since the blockchain itself is a fully transparent and trustles public ledger that gives individuals all the information needed for them to make a move.
Lack of middleman isn't always the best solution. There is tons of investors who rather use middleman because they care about trust and people like to be able to put blame on someone. And perhaps take middleman to court.
The best advantage of descrived solution is the fact, that finally it is possible to tokenize ownership and sell parts of those tokens to different parties.
First of all, it is stored on the blockchain which basically guarantees transparency and truthfulness of everything that is being stored in the smart contract
I've a question here. Isn't transparency an enemy of privacy? Just wondering how do you see that? Some people love transparency and others are huge funs of privacy. That's kind of an interesting conflict, wouldn't you agree?
Solid upvote on the way! Catch :)
Yours, Piotr