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/biz/ - Business & Finance

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5910446 No.5910446 [Reply] [Original]

Is there any coin that aims for blockchain secured company stock ownership and dividend distribution?

>> No.5910482

Lay the shill on nigger. We're waiting for your second ID to arrive!

>> No.5910496
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5910496

>>5910446

>> No.5910511

wipple, dood

>> No.5910533

what?

>> No.5910650

>>5910533
Right now you only "own" stocks because a brokerage firm says you do. Are there any coins that allow you to own a share of a stock by holding the unique private keys to an address holding N shares, with dividends being paid directly through the protocol itself by increasing every wallet's address balance by the dividend amount?

A platform allowing companies to create their own stock-tracking cryptocurrencies similar to ERC20 tokens, with an underlying cryptocurrency that dividends are paid out in

>> No.5910719

>>5910650
Ideally in the future companies could then switch over to being decentralized autonomous organizations (DAOs) where ALL company financial transactions are done through another token, and since the blockchain then has a history of all of these transactions, the protocol itself can pay dividends automatically through a smart contract without any human intervention

>> No.5910758

>>5910719
Actually I should probably not have made this thread. If this doesn't exist I should make it myself.

>> No.5910800

PinkDate

>> No.5910878

>>5910446
Polymath looks to be that.

>> No.5910968

>>5910758
start making it for cardano buddy. ethereum is the new bitcoin

>> No.5911078

Modum and sort of Walton