The secure ID runs applications under independent enforcement, handheld.
My constructions of these contracts are enforced spreadsheet models with calls to external verification as needed. The applications generally agree on no double spending of bearer assets, and that is enforced, ex ante via the foundry. The spreadsheet model of the contract is extracted as a syntax tree for proofing.
The secure ID API comes with built in calls for fair spending, for example. The contracts are easily proofed based upon the nature of internal calls, where a reference to an external trusted miner can be enforced, and the finance industry uses reasonable extractions of NASB standards to make contracts. NASB adapting an accounting function for corporates, for example, or some abstracion thereof. The corporation links it corporate sheet to a specific smart card ID, held in cold storage between reports. All the contracts functions provable, ex ante, this is great stuff.
New companies can actually issue stock, automatically, the provable contract transmits asset value fairly, observably. Secure ID, obey and protect. We have simple stock ownership contracts, well proven, well observed and used repeatedly. Foundries that can keep the secure connection are like gold printers, this is pure liquidity, ex ante enforcable contracts with all exits measured.
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