They argue that to understand their expertise in platform economics developments in the market, one needs to develop an understanding crypto applications are likely to fulfill and what business models that this quickly evolving phenomenon.
It is mainly important for investors to receive information and education on the practical and legal differences between holding shares through the intermediated market or by means of a blockchain-based issuance. The nodes in an interbank money remittance network are to be existing banks and financial institutions, hence, these actors are already regulated and both governing and supervising them is nothing new. The investment component of these tokenized assets means an important difference with cryptocurrencies, arising from the fact that pure means of payment are exempt from many sets of rules that do apply to financial instruments, as well as to their issuance and the infrastructure they are traded on. Experts hypothesize that we are experiencing multiple eras of internet technology, which is really a continuum and tough to break out into distinct phases. In addition, Szabo distilled four basic objectives of any contract that should be fulfilled by smart contracts.
