Quote from: Big Naturals on September 05, 2018, 04:09:35 AM

Quote from: Adam D Levine on September 05, 2018, 03:23:17 AM

Quote from: Big Naturals on September 05, 2018, 02:49:43 AM

One application that I thought of is for shareholder registries for private companies that need to be fully anon for obvious reasons, but also need the highest grade security in crypto which is dPoW. In this scenario the private company would need a fixed token amount set at launch, and if they could pay for dPoW fees with kmd, then they could convert their share registry over to an AC that allowed shareholders complete privacy, but max security. If this was possible this tech could spread rapidly.

https://www.fool.com/knowledge-center/how-to-sell-privately-held-stocks.aspx

Lack of anonymity for token trading and ownership is a fundamental weakness of other token platforms like NXT, Waves and Ethereum. Who wants everyone else knowing what you own, how you trade, and who you gave shares to, makes those platforms unusable for +90% of applications.

Enforced anon by default is a killer feature, hope it eventuates

Exactly, being able to offer small entities anonymous trading platform with bitcoin level security is a killer feature, last year my partner inherited 0.5% of a third generation family business worth over 20 M USD but can't access any of the funds as selling even a fraction is extremely difficult, and with under 150 shareholders the current system they use is a spreadsheets on an old Windows XP box managed by an elderly relative in a retirement home, seriously, they don't trust accountants.

Still a long way to go for usability but the tech fundamentals for small private shareholder trading apps of the future are close with zk snark assets.