When issuing securities and originating debt via the Earn platform, users are assured that the information associated with their financial instruments, i.e. documents, communications, and ongoing reporting data will be permanently recorded to the blockchain. This digital permanence provides a reliable source of truth for all stakeholders involved in the transaction and affords a level of transparency and accountability that hasn’t previously existed.
Immutable record keeping in the digital realm is of vital importance, especially when it comes to the risks associated with securities and debt origination.
According to the Atlantic, 49 percent of the hyperlinks referenced in U.S. Supreme Court decisions rotted off the Web as of 2013.(1)
(1) Megan Garber, “49% of the Links Cited in Supreme Court Decisions Are Broken,” The Atlantic, Sept. 23, 2013