The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.
The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.
How does a regular database not do that?
Either it’s tracked or its not, the medium for that tracking doesn’t really change much.
There is no “regular database” running these exchanges because they’re based on paper. That’s another reason for tokenizing and using a public ledger.
I’m sure someone out there is running something on paper still, but that’s not how most things are run.
Additionally, unless people are legally required to do all exchanges on the public ledger (which seems highly unlikely), then you’d still end up with transactions not monitored on the public ledger.
It probably doubles the amount of times they can do it.