With Asia's leading role in CBDC and an increasing use of tokenisation for other assets could we see (possibly unwittingly) disintermediation of securities exchanges and trading venues (no need for exchanges to act as counterparty to the trade, just report asset transfer to the registry)? Elimination of commissions and T+0 would be the "pro", risk mitigation the "con".
Its a very good read but I was left with a question in my mind when I finished reading the article. For now i think only the ETH network allows for self executing contracts and has the potential for the same. Will not a lot of applications on the network cause a pressure on one single network and possibly hide any other potential breakthrough in this sector? Your thoughts and opinions are welcome?
With Asia's leading role in CBDC and an increasing use of tokenisation for other assets could we see (possibly unwittingly) disintermediation of securities exchanges and trading venues (no need for exchanges to act as counterparty to the trade, just report asset transfer to the registry)? Elimination of commissions and T+0 would be the "pro", risk mitigation the "con".
Its a very good read but I was left with a question in my mind when I finished reading the article. For now i think only the ETH network allows for self executing contracts and has the potential for the same. Will not a lot of applications on the network cause a pressure on one single network and possibly hide any other potential breakthrough in this sector? Your thoughts and opinions are welcome?