[unabridged]

>bullish on blockchain technology (which I see as basically git with trust/consensus features built in)

Blockchain and smart contracts are the perfect technology for managing a company's assets and voting rights, especially for startups. Imagine how much lower the risk for investors would be if the terms of share creation and dilution where completely spelled out in code. Option grants and lockup periods could be completely visible. Trading/hedging/derivatives could be available for even the smallest companies. Very tiny minimum investments could be taken with almost no overhead.

ICOs have the right idea, but they are just 99% scam illegal security offerings. An SEC sanctioned version of an ICO that is tied to real shares in a company would be a game changer.

[AlexandrB]

I don't understand why a distributed solution is necessary here. Couldn't you just use a database and a git repo of stored procedures for share creation/dilution?

[somethoughts]

A database might be susceptible to tampering, etc. It might be simpler to just use the OCF file itself and put it under source control/ledger tracking via git.

I think the base level solution could just be an OCF file and git with some sort of consensus requirement among all partners before a merge to master is allowed.

The key thought is that the OCF file format standard is a great start but for sure other features/tooling around the format could be interesting to drive adoption.

[vlovich123]

Git is not sensitive to tampering