So 2 questions.
1) What is the tecnical term for the assets that will be issued on the asset exchange. Specifically what is the technical term for this type of financial instrument? I know they will be a type of security but they are not futures. When the us treasury issued promissory notes redeemable for gold or silver they called them certificates. Is "certificate" the most accurate term? I, with my silver bullion gateway, would be issuing "silver bullion certificates"?
Share?
2) Even if we know what the technical term is than we probably shouldn't call it that. We may solicit unwanted attention from financial regulators. So what are we going to call them?
Asset?
no a share entitles you to a portion of the equity in a thing. this is different. this is the title to a thing its self. you are the owner of the silver coin, i am the custodian, and the token is the deed that proves that you are the one that owns it.