Deutsche bank refuses gold delivery on demand for an ETC? This is exactly the kind of problem being solved in the blockchain world – Sep 2nd 2016

For years and years people have worried that ETF’s (exchange traded funds) and ETC’s (exchange traded commodities) blowing up to a lack of physical commodity backed behind could be one of the next triggers for a crisis. How do you prove that issuers of these paper securities really are buying and storing the underlying securities on your behalf…