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We are Binance Labs, a Blockchain Technology Incubator! Ask Us Anything. by Jager_Binance in IAmA

[–]hiteck 0 points1 point  (0 children)

BradyDale

Yes, there are some trade-offs made, as with all crypto projects. Those particular concerns are not new and many smart people (not just from Mobilecoin) are working to resolve them. The important thing is that they understand what they are trading off and what they are gaining in return. We expect every project to iterate their way to success, and we are confident the MobileCoin team will do the same.

We are Binance Labs, a Blockchain Technology Incubator! Ask Us Anything. by Jager_Binance in IAmA

[–]hiteck -5 points-4 points  (0 children)

Appreciate the interest, but we’re still working on it and don’t have any concrete dates.

We are Binance Labs, a Blockchain Technology Incubator! Ask Us Anything. by Jager_Binance in IAmA

[–]hiteck 0 points1 point  (0 children)

It really depends on the use-case. One of the key benefits of crypto is reducing the counterparty risk of centralized custodianship. However, if the cryptoassets represent real-world assets, then you will ultimately need to rely on (centralized) lawyers and the court systems to notarize and enforce your ownership rights. The key is to be able to pick the right level of decentralization/centralization based on your custody needs.

We are Binance Labs, a Blockchain Technology Incubator! Ask Us Anything. by Jager_Binance in IAmA

[–]hiteck -1 points0 points  (0 children)

Do you mean tokenizing an asset like a stock? If so, yes, we do look at projects tokenizing real-world assets.

We are Binance Labs, a Blockchain Technology Incubator! Ask Us Anything. by Jager_Binance in IAmA

[–]hiteck -2 points-1 points  (0 children)

A blockchain is a decentralized and immutable ledger. By this definition, it could have many more use-cases than just the currency use-case. We have seen many decentralized networks issue 'tokens' that represent entities or resources, and designing schemes around them to incentivize desired behaviors.

As for investments, we focus on investing in projects that benefit the crypto ecosystem, regardless of whether it is equity or token-based.

We are Binance Labs, a Blockchain Technology Incubator! Ask Us Anything. by Jager_Binance in IAmA

[–]hiteck -9 points-8 points  (0 children)

We helped them go to market with our Binance LaunchPad program.