/biz/ - Business & Finance

>>9677381
Good thread OP. Finally an adult thread for ChainLink

Hyperledger, salesforce, DocuSign.

We gonna make it brah

http://bitcoinist.com/waves-ceo-security-tokens-are-inevitable-platform-set-to-lead-the-way/

Utility tokens are the most natural type of tokens for blockchain-based systems, since native tokens blockchain platforms are the original utility tokens, providing the utility of using the blockchain itself. From a legal perspective they are closer to digital products rather than to securities, and their issuance is not fraught with so many legal problems. Usually utility tokens are integrated into the digital product and provide some functionality within the product ecosystem.

And the most controversial token type is equity, or security tokens. They are backed by a profit or equity in a business that does not even have to be blockchain related. In most jurisdictions similar instruments are regulated by Securities and Exchange Commissions, with the most notable organization being US SEC, which provides very stringent reporting and compliance guidelines.

It should be clear that you can’t make every ICO token a utility token. Some projects clearly need tokens of a security nature. For example, many projects promise to do a buy-back of their tokens, which makes them essentially a security. Besides, it is reasonable to surmise that eventually all financial markets will use blockchain tech, no matter what the nature of the instruments in question is. It makes the emergence of security tokens inevitable, despite all legal and conceptual complications.

We'll know for sure a few months after mainnet launch. Right now it's treated like the 13th floor of a building.