Using blockchain as a more efficient public offering medium will almost certainly require modifying the regulations governing the offering process, the processes for offering, settling, and administering securities, and the roles of market participants built up over decades.
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The utilization of blockchain as a more efficient and reliable public offering medium will almost certainly require modifying many of the (i) regulations applicable to the offering process
Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110
Holds when
U.S. public offering infrastructure
Classification
conditionsupport: arguedeconomicssecurities-law
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