Why would a stock exchange need (or want) to be decentralised? Blockchain is not a good solution for anything unless you really, really need decentralisation. It's inefficient and slow. The only use c...
There can still be scenarios apart from decentralisation e.g.
1. Quicker settlements in equity markets where intermediaries like clearinghouses are involved (these settlements are currently often take a day or two).
2. Assets (equities, bonds, ETFs, private equity) can be issued as tokens on-chain enabling fractional ownership.
3. Where I was specifically thinking of it though was: multiple parties (brokers, custodians, clearinghouses) maintain separate ledgers that must be reconciled (and that is not centralised).
4. But also for automating corporate actions like distributing dividends and stock splits and even managing shareholder voting.
There are probably more examples, but it is really where multiple parties are involved and ensuring traceability, timestamping, and being immutable.
So yes not for actual decentralisation of a stock exchange itself, but more its decentralised activity tracking, reporting, etc.
1. Quicker settlements in equity markets where intermediaries like clearinghouses are involved (these settlements are currently often take a day or two).
2. Assets (equities, bonds, ETFs, private equity) can be issued as tokens on-chain enabling fractional ownership.
3. Where I was specifically thinking of it though was: multiple parties (brokers, custodians, clearinghouses) maintain separate ledgers that must be reconciled (and that is not centralised).
4. But also for automating corporate actions like distributing dividends and stock splits and even managing shareholder voting.
There are probably more examples, but it is really where multiple parties are involved and ensuring traceability, timestamping, and being immutable.
So yes not for actual decentralisation of a stock exchange itself, but more its decentralised activity tracking, reporting, etc.
