Blockchain

Being Secure About Your Security Token Offering

Preparing for the Evolving World of Digital Assets Over the past several years, we have witnessed the rise of digital, tokenized assets attempting to break out of the confines of stock exchanges and illiquid private investments. Security Tokens are a third category of tokenization, different than Crypto-Currencies (Bitcoin, Ethereum, etc.) and Utility Tokens, in which the tokens represent fractional ownership in a…

What Facebook’s Libra Association Can Learn from Existing Blockchain Consortia

It’s been an interesting summer for blockchain. We’ve seen Facebook’s Libra white paper launch, David Marcus testify in front of Congress on Libra’s behalf, Congress ask some interesting questions about the technology and regulators scrutinize Facebook’s use of it. Regardless of the responses by different parties, Facebook’s blockchain entrance via Libra, and the subsequent media and congressional reaction, created a buzz that…

Want Property Insurance to Really Change? The Straight Indemnity Policy Needs to Go

The Insurance Elephant has a day job- as building consultant working with insurance carriers, sorting out vendor estimates, appraisals, unique damage cases, consulting on damage repairs, in the end addressing or confirming estimates of claim damages.  It’s great work, and the Beast figures he is contributing to customer and carrier resolutions. The realization is that property insurance (at least within the U.S.)…