This can be seen as an extension of Balaji Srinivasan’s piece Yes, You May Need a Blockchain. As of 2021, the global fixed-income market was worth $126.9 trillion, the global equities market was worth $124.4 trillion, and the global derivatives market was estimated to be over $600 trillion. The exact numbers may be different now, but the point is that it is the capital markets that are responsible for driving funds to the best ideas and enterprises. You might wonder, what’s the need for Decen...