DaDepo – Networks

There are two networks, the first one covers the legal side of debt, i.e. the relations of banks, and the second one is the network that covers the legal side of property rights through depositories and registers and runs digital assets. DaDepo participates in the second network.

The first network covers the legal side of debt, which means the contractual obligations and rights that arise from borrowing and lending money or other assets. The relations of banks are an example of this network, as banks are financial intermediaries that provide loans to borrowers and collect interest and principal payments from them. The legal side of debt involves the creation, transfer, and enforcement of debt instruments, such as bonds, notes, mortgages, etc., and the regulation and supervision of the debt markets and the debtors and creditors https://academic.oup.com/rfs/article/36/5/1970/6696722.

The second network covers the legal side of property rights, which means the legal entitlements and duties that relate to the ownership, use, and transfer of tangible or intangible assets. Depositories and registers are examples of this network, as they are entities or systems that hold and record the securities or other financial instruments that represent the property rights of the owners or holders. The legal side of property rights involves the creation, transfer, and enforcement of property instruments, such as shares, deeds, patents, etc., and the regulation and supervision of the property markets and the owners and holders https://www.scconline.com/blog/post/2022/03/28/evolving-jurisprudence-in-connection-with-sarfaesi-vis-a-vis-pending-statutory-dues/.

The second network also runs digital assets, which means the assets that exist in a digital or electronic form, such as cryptocurrencies, tokens, smart contracts, etc. Digital assets are a subset of property rights, as they are based on the ownership, use, and transfer of digital or electronic data. However, digital assets also have some unique features and challenges, such as the use of cryptography, blockchain, and distributed ledger technologies, the lack of clear legal definitions and frameworks, and the cross-border and cross-jurisdictional nature of the digital asset markets https://corporatefinanceinstitute.com/resources/commercial-lending/subordination-agreement/.

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