Dasa presentation 1
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This is the presentation for the Chamber of Digital Commerce. We hope many people and companies will join DASA.
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Dasa presentation 1
- 1. digitalassetstandards.org A future-proof token standard for equity
- 2. digitalassetstandards.org Our mission is to create, maintain, and promote standards for tokens that will work worldwide and with any current or future technology. DASA is committed to enhancing industry cooperation.
- 4. digitalassetstandards.org Projects Token Namespace Registry An international standard for equity tokens Rules matrix
- 5. digitalassetstandards.org What is Tokenization? Public key 0xC2D7CF95645D33006175B78989035C7c9061d3F9 Private key 3a1076bf45ab87712ad64ccb3b10217737f7faacbf287 2e88fdd9a537d8fe266
- 6. digitalassetstandards.org What is Tokenization? Properties: Randomly chosen large number Private key is easy to make but hard to guess Corresponds to the same number in a list Signed message conveys benefit of ownership Requires a legal binding of the token to its rights 0x83761c6785427f5a27a07c92a9dcfa99947bc4ad 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b 0xfe9e8709d3215310075d67e3ed32a380ccf451c8 0x88e343f4599292c2cffe683c1bb93cd3480bdbab 0xa30d8157911ef23c46c0eb71889efe6a648a41f7 0x46f91f0025c303d66958fd84feec3605e9363067 0x32f1cc71df090341140895e755ed8b35dc0b33b7 0x62a23e43792cd096685896d2cf5aa8fd3d7bf36a 0x174443351e21d47ed9ab51517a301107d92ede64 0x7793cd85c11a924478d358d49b05b37e91b5810f 0xc1b432d347652a96b99faab7d6bbb95331d1512b 0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be 0x072e6d53d852b7587c04b839980d42b46a280081 0xf23221e40732b34d84db1d30da95367a160da090 0x100634b885f54286762578042a1bfcbeacb91729 0x742d35cc6634c0532925a3b844bc454e4438f44e 0x83761c6785427f5a27a07c92a9dcfa99947bc4ad 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b 0xfe9e8709d3215310075d67e3ed32a380ccf451c8 0x88e343f4599292c2cffe683c1bb93cd3480bdbab 0xa30d8157911ef23c46c0eb71889efe6a648a41f7 0x46f91f0025c303d66958fd84feec3605e9363067 0x32f1cc71df090341140895e755ed8b35dc0b33b7 0x62a23e43792cd096685896d2cf5aa8fd3d7bf36a 0x174443351e21d47ed9ab51517a301107d92ede64 0x7793cd85c11a924478d358d49b05b37e91b5810f 0xc1b432d347652a96b99faab7d6bbb95331d1512b 0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be 0x072e6d53d852b7587c04b839980d42b46a280081 0xf23221e40732b34d84db1d30da95367a160da090 0x100634b885f54286762578042a1bfcbeacb91729 0x742d35cc6634c0532925a3b844bc454e4438f44e 0x83761c6785427f5a27a07c92a9dcfa99947bc4ad 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b 0xfe9e8709d3215310075d67e3ed32a380ccf451c8 0x88e343f4599292c2cffe683c1bb93cd3480bdbab 0xa30d8157911ef23c46c0eb71889efe6a648a41f7 0x46f91f0025c303d66958fd84feec3605e9363067 0x32f1cc71df090341140895e755ed8b35dc0b33b7 0x62a23e43792cd096685896d2cf5aa8fd3d7bf36a 0x174443351e21d47ed9ab51517a301107d92ede64 0x7793cd85c11a924478d358d49b05b37e91b5810f 0xc1b432d347652a96b99faab7d6bbb95331d1512b 0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be 0x072e6d53d852b7587c04b839980d42b46a280081 0xf23221e40732b34d84db1d30da95367a160da090 0x3 0x62a23e43792cd096685896d2cf5aa8fd3d7bf36a 0x174443351e21d47ed9ab51517a301107d92ede64 0x7793cd85c11a924478d358d49b05b37e91b5810f 0xc1b432d347652a96b99faab7d6bbb95331d1512b 0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be
- 7. digitalassetstandards.org Token Namespace Registry Semantic names [Type].[Issuance Jurisdiction].[Issuer name].[Series].[Subseries]. Equity.UK.2030.common.control Equity.UK.2030.common.beneficial Equity.US.Apple.common Equity.US.Uber.preferred.founders Utility.US.Gnosis.Staking Utility.US.Iota
- 8. digitalassetstandards.org Common names Apple.US BMW.DE British Leyland.UK National Grid.UK Goldman Sachs.US Short (ticker) names AAPL, Apple IBM BMW Leyland GS, Goldman Token Namespace Registry
- 9. digitalassetstandards.org Equity Trading and Settlement Quantum-proof cap table High-performance trading P2P trading
- 11. digitalassetstandards.org Quantum Preparedness 2019 2028 2030 2035-40 Solutions being designed Begin im plem entation N ationalsecurity and H igh-value targets Allsystem s.
- 12. digitalassetstandards.org Quantum Preparedness 2019 2023 2025 2030 Solutions being designed Begin im plem entation N ationalsecurity and H igh-value targets Allsystem s.
- 13. digitalassetstandards.org Example: Today’s Addresses (public keys) Ethereum 0x9b06ece41184232c2060dc0ac26f8c5ffcd65189 NEM ndvtg5-3wbpvw-gsyigr-etcrnu-caif5t-by6dji-rwev EOS goh4jdlbynes QTUM 989bc69548d18853ce7aec509b18fe5e112a92ff9f4e9b70a1f 7bfad264c38ed
- 18. digitalassetstandards.org The DASA Blockchain Broker Broker Broker Broker Broker Broker Broker Broker Custodian Custodian Custodian Custodian Exchange Exchange Exchange Exchange Exchange Exchange Bank Bank Bank Bank Bank Bank
- 19. digitalassetstandards.org DASA Chain Company 1 Company 2 Company 3 Company 4 … Time
- 20. digitalassetstandards.org Holding Quantum-Proof Cap Table PK PK PK PK PK
- 21. digitalassetstandards.org Cold Storage Quantum-Proof Cap Table PK PK PK PK PK
- 22. digitalassetstandards.org Multisig Trading Intermediary Rules Matrix Company Seller Buyer Intermediary Trading tokens On trading blockchain
- 23. digitalassetstandards.org Multisig Settlement Intermediary Rules Matrix Trading tokens On trading blockchain Company Buyer Quantum-Proof Cap Table
- 24. digitalassetstandards.org P2P Trade Rules Matrix Company Seller Buyer Trading tokens On trading blockchain
- 25. digitalassetstandards.org P2P Trade and settle Quantum-Proof Cap Table Rules Matrix Company Seller Buyer
- 26. digitalassetstandards.org Advantages of a Two-Tier System Provides solid proof of ownership. Open source: owned and operated by the industry. Company has the final say and can make changes. Compatible with legacy systems. Designed for the future. Could become a high-performance trading platform.
- 27. digitalassetstandards.org Related Efforts Ownera Fio Foundation for Interwallet Interoperability VerifyToken framework
- 28. digitalassetstandards.org Rules Matrix Multi-jurisdictional Private equity, public: depends on the token type Enforces: KYC International transfers Company adjustments See: verifiedtokenframework.com as an example.
- 29. digitalassetstandards.org International legal framework Rules Matrix KYC Cap Table (Settlement) Token Namespace Registry Communication & Voting Reporting DASA Services Reference Token Standards Dividends
- 33. digitalassetstandards.org Private equity Public equity Bonds Real estate Derivatives Alternative Investments
- 34. digitalassetstandards.org Team David Siegel, director: CEO of Pillar, chairman of 20|30. Based in London. Kevin Bakhler, compliance: 20|30 COO, holds most licenses, 20 years in US capital markets operations. Jonas Udris, CIO: Former state enterprise of corporate registers, voting administration, lawyer. Expert in election modernization, designer of the online voting solutions and other integrated e-democracy solutions. Author of the concept of the digital share certificates on the blockchain for the private limited liability companies. Vilnius, Lithuania. Sonia Zvedeniuk, external relations: Partner at Pillar Labs, producer of DASA workshop, web site, etc.
- 35. digitalassetstandards.org Budget Name-space registry Cap Table Rules Matrix Legal and admin Buffer First Round Second Round $600,000 $800,000 $400,000 $400k $300k $2.5 million ~$5 million
- 36. digitalassetstandards.org Ask Forming and organising a non-profit Members - join us! Funding (donations, loans, membership dues) People with experience developing standards People with experience with ICANN/DNS An outsource development group