Blockchains as an Equality Technology

Discussion in 'privacy general' started by lotuseclat79, Jan 14, 2015.

  1. lotuseclat79

    lotuseclat79 Registered Member

    Jun 16, 2005
    Blockchains as an Equality Technology

    Related article: How Bitcoin's blockchain could power an alternate Internet.

    -- Tom
  2. hawki

    hawki Registered Member

    Dec 17, 2008
    DC Metro Area
    "Delaware Assembly Passes 'Historic' Law Legalizing Blockchain-Based Stock Trades

    The State of Delaware just took a historic step toward ensuring that US stock exchanges will soon be violently disrupted by blockchain technology - possibly to the extent of being rendered obsolete. CoinDesk reports that lawmakers in the state’s general assembly passed a law that makes explicit the right to trade stocks on a blockchain. Details of the bill are still emerging. One source indicated that the bill passed with near unanimity, with a single vote against. The vote was widely considered to be the final obstacle to state adoption, following the passage of the bill in the Senate earlier this month. The measure, which was added to another bill in the form of an amendment, is expected to be signed in to law by Delaware Gov. John Carney by the end of the month, with the ruling going into effect on Aug. 1....

    ...[T]he bill is expected to pave the way for potentially large-scale issuance of stock on a blockchain. By trading stock on a blockchain or similar distributed ledgers, users can cut out middlemen like the exchanges and ATSs that profit by facilitating trades, resulting in significantly faster settlement times..."

    NB: A huge percentage of national and multi-national corporations incorporate in the state of Deleware because of, and thus are regulated by, its corporate-friendly corporate laws and regulations. For example, both MasterCard and Visa are incorporated in Delaware.

    NB: Zero Hedge is an excellent, mostly financial news mixed with some major international relations news stories, informative website, provided one totally ignores its offensive and insane, unmoderated, "anything goes" "no holds barred", "free for all" of a comments sections.
    Last edited: Jul 2, 2017