[Cryptography] Delaware allows blockchain stock registry

John Levine johnl at iecc.com
Mon Dec 18 11:50:48 EST 2017


This piece showed up today, about a change in Delaware law that allows
corporations to keep their stock register on a blockchain.  Since
Delware is the most popular US state to incorporate, I expect we'll be
seeing a few.

It notes:

" ... only the possessor of the correct cryptographic key can deal
with the shares and assign them to a third party. Once the third party
is registered as owner, then only that third party can subsequently
deal with them. And so on."

I wonder what happens when you lose your key.  You can never sell your
shares?

https://www.lexology.com/library/detail.aspx?g=074cca1e-b195-4018-8386-c325639612bd&utm_source=Lexology+Daily+Newsfeed&utm_medium=Plain+text+email&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2017-12-18&utm_term=

R's,
John


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