Authentic blockchain-enabled market structure promises transparency, tamper-proof records, reduced costs (as compared to doing both blockchain and security certificates) for the issuer and the end customer, and smart contracts that execute automatically under predefined conditions. This brand of innovation renders traditional transfer agents obsolete, as blockchain verifies and validates securities ownership.
Source: https://www.coindesk.com/opinion/2024/08/21/blockchain-vs-transfer-agents-a-call-for-genuine-market-innovation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines