This is good news all around IMO. Good for investors, good for the Asset Management Industry, good for the Government. Its going to cut costs, speed processes, improve liquidity of assets and democratise Asset Ownership.
BUT, the underlying technical, regulatory and legal frameworks must be solid IMO. Last thing we need, as the DLT industry is scandals, financial loss or scams related to the use of Tokens as the mechanism for delivery of the service. It's going to have to perform. (Even though paper systems had their share of problems especially in the early days).
Head to the end of the paper to see the members of the Tech Working Group who authored the report. You'll find Archax - the group Abrdn used to tokenize their fund on Hedera.
Only proven ABFT Open Sourced DLT Platform, the highest security protocol available through Hedera. *
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