Who is Making Sure what Goes on the Blockchain isn’t Counterfeit or Fraudulent?
The big part of putting anything on the blockchain is who’s going to have the oversight of what goes on the blockchain? If something bad gets put on the blockchain — if something’s counterfeit — who’s going to insure that to makes sure that doesn’t happen? That’s the weak point with putting everything on the blockchain. An example: if you put a deed on there, who’s going to stand behind that deed and say that this deed is not counterfeit, this deed has title insurance. Without that, anyone could put anything on the blockchain. They could have five different deeds for that one property on the blockchain.
THE REST OF THE FINANCIAL ASSET TOKENISATION STORY HERE
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