this post was submitted on 08 Sep 2025
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The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.

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[–] black_flag@lemmy.dbzer0.com 26 points 10 months ago* (last edited 10 months ago) (10 children)

Fucking why?? What's the point?? You've already got a database, what does making it immutable and decentralized and inefficient help?? It's still under a central authority, so it's not even proper decentralised.

[–] Lemming6969@lemmy.world 4 points 10 months ago (4 children)

Prevents naked short fraud and manufacturing shares that they can locate at a later date.

[–] jacksilver@lemmy.world 9 points 10 months ago (3 children)

How does a regular database not do that?

Either it's tracked or its not, the medium for that tracking doesn't really change much.

[–] witheyeandclaw@lemmy.sdf.org 1 points 10 months ago

It probably doubles the amount of times they can do it.

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