Do Security Tokens Need a New Blockchain? Part IV: How About a Sidechain?

Too Long; Didn't Read

This is the fourth and final part of an essay exploring the thesis of a new blockchain specialized on security tokens. <a href="https://hackernoon.com/do-security-tokens-need-a-new-blockchain-benefits-challenges-part-i-48f281f5101e" target="_blank">In the first part</a> we presented the arguments justifying a blockchain for crypto-securities as a natural evolution of the space. <a href="https://hackernoon.com/do-security-tokens-need-a-new-blockchain-benefits-and-challenges-part-ii-de480e54c12a" target="_blank">The second part </a>explored some very tangible challenges that might make a security token blockchain a very unpractical exercise. <a href="https://hackernoon.com/do-security-tokens-need-a-new-blockchain-part-iii-the-building-blocks-7adfa7239bb0" target="_blank">The third part</a> deep dived into the specific architectural components and protocols that might be needed in a security token blockchain. Today, I would like to explore a middle ground argument and present the idea of an Ethereum sidechain specialized in security tokens. You should think about some of the concepts explain in this article not as a brand-new thesis but more as a pragmatic implementation mechanism for some of the elements of a crypto-securities blockchain.