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How Delaware Keeps Edge in Finance by Supporting Blockchain by sergey44

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· @sergey44 ·
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How Delaware Keeps Edge in Finance by Supporting Blockchain
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<p><img src="https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iMzFhMzk5ZDA2YzcxZTNhOThjZjIwMWU4NWY3OGUzZS5qcGc=.jpg" width="725" height="483"/>&nbsp;<a href="http://global.blogs.delaware.gov/2016/06/10/the-delaware-blockchain-initiative-potential-amendements-to-the-delaware-general-corporation-law/">The Delaware Blockchain Initiative</a> is revolutionary and it has some key elements, the most important of them being that virtual currency and Blockchain businesses will not face new prescriptive regulations in the state.According to a <a href="http://global.blogs.delaware.gov/2016/06/10/the-delaware-blockchain-initiative-potential-amendements-to-the-delaware-general-corporation-law/">blog published by the state</a>, adding shares to the Blockchain has several potential benefits:<em>β€œThe key benefits of blockchain shares are that participants share a single database: a distributed ledger. As such, trades can execute instantaneously, without reliance on intermediaries, and settlement is guaranteed. β€œT+3” settlement delays need no longer exist. Voting and other governance processes can be included in the blockchain processes. Both publicly traded and privately held companies might benefit from the efficiencies of a blockchain ledger.”</em>http://cointelegraph.us3.list-manage.com/track/click?u=2c088712615955cd2f82aa968&amp;id=40bf1bb2e7&amp;e=140f57b3eb</p>
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@cheetah ·
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