Sunday, May 12, 2024 5:16:45 PM
Actually, if any of the clueless fools here bothered to research trading securities on blockchain, you all would realize the Depository Trust and several brokerages are already using blockchain for trades. Using Securrency's software, which they paid a total of $50 Million to use.
You know Securrency? With patents dated back to 2017 on how the current market will end up using actual blockchain for securities trading.
https://www.prnewswire.com/news-releases/securrencys-new-patent-for-ground-breaking-compliance-aware-token-framework-a-critical-step-in-evolution-to-global-liquid-digital-assets-marketplace-301678064.html
https://patents.justia.com/patent/11410235
The members of Project ION have zero worries about this turd. ZERO.
https://www.dtcc.com/dtcc-digital-assets
These idiots would have a better chance getting a usable patent on a left-handed banana peeler.
No one needs Blackstar's method to trade on blockchain.
The SEC will not adopt or incorporate Blackstar's supposed method for filings.
I give Blackstar about 45 days before they get hit with a Wells Notice.
Would have been 7 days if Susie Youn was still running the Denver SEC office.
By the way, the company who has the best blockchain patents for the handling of securities is actually Bank of America.
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