What is labrys for? Is it a good idea to bond to blockchain?
How long it will take to bond to blockchain and what will happen if some people dont want labrys to bong blockchain? What will you do? And lastly what are the advantages in labrys?thanks for the answer
We aim to do two things at Labrys, remove barriers to entry by making it easy to invest in bonds, and provide infrastructure for companies to issue bonds directly on blockchain - saving them time and money. We think blockchain is a perfect solution for bonds as the process a bond goes through involves many middlemen, which can be automated. If you see our roadmap we aim to have blockchain based bonds live in 2019.
Advantages for users: receive interest payments on crypto holdings while maintaining ownership over underlying assets, giving users a higher return on their capital. As mentioned above, companies wishing to issue blockchain based bonds will save a lot of time and money doing so.