kaal:claim:5454054-017

Verification of off-chain equities held in brokerage accounts is a core implementation obstacle for LER, and before tokenized listings it required comparatively complex hybrid pipelines using off-chain attestations and zero-knowledge proofs.

Source quote, verbatim

As such, it addresses a core implementation challenge for LER, that is, the verification of off-chain equities held in brokerage accounts. Previously that verification required comparatively complex hybrid pipelines involving off-chain attestations and privacy-preserving technologies like ZKPs.

From

Wulf A. Kaal, Liquid Equity Rewards (2025), NASDAQ's Tokenized Stock Framework and LER Scalability, p. 18
https://ssrn.com/abstract=5454054 · source PDF

Cite as

Wulf A. Kaal, Liquid Equity Rewards (2025). SSRN: https://ssrn.com/abstract=5454054

Holds when

equities held in traditional brokerage accounts rather than on-chain

Classification

failuresupport: arguedfailure: off-chain equity verification burdenfamily: oracle-and-input-corruptionconsensus-and-securitycitation-and-knowledge

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Attestation record: colloquium/attestations/8cb8c5e2ea6446e5...json
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