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“The distributed ledger cannot be edited, even by an individual who holds all of the access keys. The stockholder record can be appended, but retroactive adjustments to the record cannot be made. This process generates a highly dependable audit trail that clearly—and indisputably—indicates how each stockholder acquired stock and from whom. That trail would be essential in a court of law, should a plaintiff dispute who the stockholders were at a given moment.”

Alex Tapscott, Financial Services Revolution: How Blockchain is Transforming Money, Markets, and Banking
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