DLT IP Securities
FADE IN:
INT. LECTURE THEATRE - DAY
Few SOULS. 12:30. A MODERATOR (50s) introduces the SPEAKER (30s). PETER sits near the screen.
PETER (V.O.)
I now join any free seminar
about Decentralized Ledger
Technologies (DLT) and
Securities. My vision is to
establish an IP- based
Capital Market which can
be virtual.
Referring to his slides, the speaker speaks.
PETER (V.O.)
Oh, he reads the small prints
on the slides with a South
Asian accent...It's good that
I sit near the screen.
Some sounds at the back. The speaker looks a bit nervous. Peter follows the sound source.
PETER (V.O.) (Cont'd)
Oh, some vote with their
feet. I've put aside the
drafting of a domain-name
determination to come
here and expect to learn
something new.
Peter continues to listen and follow the slides which have become graphic.
PETER (V.O.) (Cont'd)
That's a lot better. Now
I can visualize it and
perhaps I'd interrupt
to make the event
interactive.
We hear the speaker talking about "Public key...private key... digital signatures...unpermissioned platform...mining..."
PETER (V.O.) (Cont'd)
I believe I can understand
that.
The speaker continues:"...with Merkle Tree...multi-signature wallets...private channel...Lightning Network... "
PETER (V.O.) (Cont'd)
Wow, all these sound
lightning to me! I did
hear and learn something
at the post-doctorate
Tech/Law level.
Peter looks up to the ceiling.
PETER (V.O.) (Cont'd)
He's actually talking
about a private DLT model
that integrates different
legacy securities institutional
systems worldwide.
Pausing.
PETER (V.O.) (Cont'd)
But the interoperability
and scalability are real
problems. The Fintech
has created a solution
to a non-problem to
conventional Securities
Exchanges which are
considered as reasonably
secure, reliable and
efficient.
Pausing.
PETER (V.O.) (Cont'd)
If there's no demand
of the DLT model because
it's complex and lack of
value propositions, it'd
only have academic but
no commercial value.
INT. STUDY - DAY
Researching with his mobiles, Peter works on his computer.
PETER (V.O.) (Cont'd)
What I can learn out
of today's Tech/Law
engagement is that:
in order to create an
IP-based Capital
Market, a private DLT-
model using IP as
assets to back up
crowdfunding and
trading is a parallel
option.
Pausing.
PETER (V.O.) (Cont'd)
As what I want to
champion is new and
have no legacy systems,
my business model's
structural design can
be lateral and vertical.
DAY DREAM SEQUENCE
A/ 1G: Peter's copyright portfolios go public in Hong Kong.
B/ 2G: Peter and those who follows Peter's model go public in other jurisdictions.
C/ 3G: IP securitization becomes real in Greater Bay Area and and a new capital market is emerging.
D/ 4G: IP securitization and tokenization becomes real in China and beyond and there are thousands of IP trading transactions per second.
E/ 5G: Hong Kong becomes the capital of integrated DLT platforms of IP-based LawTech/RegTech/FinTech networks, and real and virtual IP trading transactions are at the quantum level.
END DAYDREAM SEQUENCE
PETER (V.O.) (Cont'd)
I must endeavour to
prove the concept. The
objective conditions
are ripe, I must continue
to align values, build
capacity and lobby
support.
Pausing.
PETER (V.O.) (Cont'd)
I must persuade others
to think and do things
otherwise they wouldn't
think or do. Let me be
the first one to talk
about DLT IP Securities!
Pausing.
PETER (V.O.) (Cont'd)
If I didn't attend the
talk or hastily leave, I
won't be inspired to
have my current
vision!
Peter smiles.
FADE OUT. The End