I agree. Patrick Byrne had devised such a ledger for stocks so that no one can manipulate stocks, and the SEC objected to it saying it would inhibit their ability to do their ahem manipulate job.
But yeah, I think we are headed to that place where everything will be transparent.
I agree. Patrick Byrne had devised such a ledger for stocks so that no one can manipulate stocks, and the SEC objected to it saying it would inhibit their ability to do their ahem manipulate job.
But yeah, I think we are headed to that place where everything will be transparent.
Byrne's tZERO is a key part of the theory of what's being done with the current revolution involving short basket stocks.
I wish I could link to some research showing tZERO's evolving integration with NYSE, but I don't really want to spend an hour trying to find them.