In traditional finance, how long does it take for a company to issue bonds and complete cross-border settlements? Usually, it takes several days to start, and then goes through a series of intermediary institutions for approval. Now, there is an idea that can completely change this situation.
DUSK's modular architecture combined with an efficient consensus mechanism directly codifies and automates financial operation processes. The originally complex steps, after moving onto the chain, transform from the old routine of paper contracts and phone confirmations into self-executing smart contracts—bond issuance and settlement operations can be completed within minutes.
What does this mean? The operational efficiency of the global financial system can be elevated to a new level. Intermediary costs are reduced, processes become transparent, and time costs almost disappear. Whether it’s cross-border corporate financing or international trade settlement, they can be liberated from the inefficient traditional financial procedures. This is the true value of on-chain financial infrastructure—genuinely lowering the barriers to global transactions.
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AirdropHunterZhang
· 9h ago
A few minutes to get it done? So, what have those traditional finance folks been doing all these years, haha
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OnchainDetective
· 9h ago
A few minutes to settle? If that really becomes a reality, the folks in traditional finance would have to face unemployment, haha.
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DeFiChef
· 9h ago
Financing and settlement can be done in a few minutes, which sounds great, but the traditional financial system still has a market, and intermediary institutions won't disappear that quickly.
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ProbablyNothing
· 9h ago
A few minutes to get it done? It sounds great, but when it comes to actual implementation, it's a different story...
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ProposalManiac
· 9h ago
Sounds great, but I have to ask—who bears the fault rate of this automated process? In traditional finance, approvals are slow but at least someone is responsible. If something goes wrong on the blockchain, who pays?
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MoneyBurnerSociety
· 9h ago
Another promise that will be settled in a few minutes... I bet five dollars that the trade will get stuck at the moment the smart contract automatically liquidates.
In traditional finance, how long does it take for a company to issue bonds and complete cross-border settlements? Usually, it takes several days to start, and then goes through a series of intermediary institutions for approval. Now, there is an idea that can completely change this situation.
DUSK's modular architecture combined with an efficient consensus mechanism directly codifies and automates financial operation processes. The originally complex steps, after moving onto the chain, transform from the old routine of paper contracts and phone confirmations into self-executing smart contracts—bond issuance and settlement operations can be completed within minutes.
What does this mean? The operational efficiency of the global financial system can be elevated to a new level. Intermediary costs are reduced, processes become transparent, and time costs almost disappear. Whether it’s cross-border corporate financing or international trade settlement, they can be liberated from the inefficient traditional financial procedures. This is the true value of on-chain financial infrastructure—genuinely lowering the barriers to global transactions.