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Re: HappyLibrarian post# 139826

Saturday, 10/21/2017 7:25:26 PM

Saturday, October 21, 2017 7:25:26 PM

Post# of 689398
NWBO is incorporated in Delaware...

Since individual shares lack control numbers like item records do, I am not sure how ownership gets determined.



Delaware allows a block chain ledger:

The Delaware General Corporation Law (DGCL) is the basis for incorporating companies in Delaware and this is the law that governs the internal affairs of a company and defines the relationship between the stockholders and managers of a business.

On March 13, 2017, the Delaware Corporate Law Council proposed amendments to the DGCL that would allow corporations incorporated in the state to use “networks of electronic databases (such as distributed ledgers) to create and administer corporate records.”

These changes were a part of the Delaware Blockchain Initiative. Now, if all goes well starting August 1, 2017, Delaware would become the first state to allow companies to start issuing and tracking shares on a distributed ledger or Blockchain. An apt development considering the state’s tagline “First State,” a name that has stuck since they were the first to ratify the US Constitution.


https://cointelegraph.com/news/how-delaware-keeps-edge-in-finance-by-supporting-blockchain
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