Page 15 - July 2018 Disruption Report

DIGITAL CURRENCIES
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• Accounting DD [due diligence] through XBRL.
• Legal DD through machine-readable smart contracts.
• Team DD through online sources (is XYZ CEO really living in YYY country and does he/she have a criminal record).
• ap structure transparency (registers of who owns what).
This could be seen as incremental efficiency improvement to the mechanics of investing, but add them all together and add real time settlement and easy fractionalization and you can see a game-changing disruption to Legacy Finance.
By making the mechanics of investing massively more efficient, it changes the game; but that is all about how you invest in early stage equity... (Daily Fintech, Bernard Lunn, 07/22/18)
Harbor, a $38-million funded tech startup, is tokenizing real estate and plans to tokenize other assets, such as artwork and private securities. Harbor’s platform and Regulated Token (R-Token) compliance protocol ensure that tokenized securities comply with existing securities laws at issuance and on every trade across the globe. Harbor’s R-Token protocol manages compliance not just in the primary issuance, but into the secondary market as well. The platform could have broad implications for the interoperability of illiquid assets and the emergence of a new market for raising capital.
In an interview on Token Talks, Joshua Stein, the CEO of Harbor argued:
There’s a market opportunity for compliance-focused tokenized
securities
While Harbor has a few competitors, Josh stresses how integral legal compliance is to the company’s offer. When lots of money is at stake, it’s important to ensure that all transactions are above board. Harbor aims to bring that quality to decentralized securities trading.
Decentralization opens up international possibilities Other blockchain-based efforts in this space aggressively tie investors and traders to a platform and
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