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The Problem with Fidelity’s Crypto Trading Platform

October 16, 2018

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Ethereum and Security Tokens Could Evolve Together

January 10, 2019

 

Security tokens and stablecoins seemed to rule 2018, especially amidst the powerful bear market. In 2019, both of them are still very much at the forefront of innovative blockchain development. Simultaneously, both of these new markets are arguably just as far from widespread adoption as traditional cryptocurrencies.

All of these markets are arguably facing the same obstacle.

 

They cannot seem to convince powerful institutional investors with deep pockets that their solutions are viable at scale. For a prime example of this in the cryptocurrency niche, take a quick look at what the Ethereum network is still experiencing. In a general sense, their network just cannot seem to handle a large number of users, due to its’ consensus mechanisms.

 

While major work is being done with regards to Ethereum’s woes and making stablecoins truly viable options on a global scale, it may seem as if security tokens are being left out of the loop. Judging by today’s news via Coindesk on the subject, this is simply because while innovative security token project have been launched, security tokens were not really being traded live, at least not at the same places where they were being stored.

 

Today, a company called Sharespost appears to have proven that security tokens can be traded in a way that is fully compliant with United States and global regulations, while also storing the tokens in question on their own platform.

 

Since, reportedly, trading is this manner was never done before until today, CoinDesk and Sharespost have positioned this event as an effective proof of liquidity for the overall trading of security tokens. In other words, if a trading platform can store and facilitate trading of security tokens at the same time, what is stopping this capability from working at scale?

 

 

 

By: BGN Editorial Staff

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