kaal:claim:5454054-020

For tokenized stocks, smart contracts can verify ownership and holding periods directly from blockchain ledgers and trigger voucher airdrops without intermediaries, which lowers operational costs and increases LER scalability.

Source quote, verbatim

For tokenized NASDAQ stocks, smart contracts can query blockchain ledgers to verify ownership and holding periods. This triggers voucher reward airdrops without intermediaries. Whic, in turn, reduces operational costs and enhances LER scalability.

From

Wulf A. Kaal, Liquid Equity Rewards (2025), LER as an Airdrop Mechanism for Dividend-Like Voucher Utilities, p. 19
https://ssrn.com/abstract=5454054 · source PDF

Cite as

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

Holds when

stocks represented on a blockchain ledger

Classification

mechanismsupport: arguedsmart-contractsdecentralization

Related claims

specializes kaal:claim:5254152-006 Smart contracts, as self executing contracts with terms written directly into code, remove the need for interm...

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