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RE: What are Security Tokens?

in #cryptocurrency6 years ago

This concept of tokenizing assets truly brings financial assets into the digital economy as it improves transparency and efficient in the administration of said assets. Today, in traditional trading assets like stocks, it still takes 3 days to settle trades because of the issue of trusting a 3rd party to deliver assets on a timely and honest manner. This is incredible given the advances in technology available. It also increases the cost of said transactions for the whole ecosystem. Security tokens can transform traditional markets more than many want to believe given the risk it entails for traditional financial institutions.